FX
2017 PRODUCT GUIDE
A N D CA L E N DA R
PRODUCTS
As the world's leading and most diverse derivatives marketplace,
CME Group (cmegroup.com) is where the world comes to manage
risk. CME Group exchanges offer the widest range of global
benchmark products across all major asset classes, including
futures and options based on interest rates, equity indexes,
foreign exchange, energy, agricultural commodities, metals,
weather and real estate. CME Group brings buyers and sellers
together through its CME Globex electronic trading platform
and its trading facility in Chicago. CME Group also operates CME
Clearing, one of the world's leading central counterparty clearing
providers, which offers clearing and settlement services across
asset classes for exchange-traded contracts and over-the-counter
derivatives transactions. These products and services ensure that
businesses everywhere can substantially mitigate counterparty
credit risk.
2017 FX Product Guide and Calendar
CME Group FX
Trade the world’s largest regulated FX
marketplace – a marketplace built on trust.
A marketplace delivered by us, defined by you – our customers,
clients and partners. We work with you to understand your most
important challenges and then deliver innovative solutions you
need, to allow you to transact with more speed, ease, flexibility
and efficiency.
Experience an electronic marketplace that’s always:
• Orderly
• Equal
• Transparent
• Anonymous
It’s what you asked for. Consistently liquid in the major currency
pairs, accessible from 150+ countries, always delivered with
certainty. Now you can Trade, Clear and Report the full lifecycle
from one marketplace, in whichever jurisdiction you choose, and
enjoy:
•Most listed FX products – 91 futures, 24 options –
across CME U.S. and CME Europe
•Full range of OTC FX clearing services, with 26 CSFs
and 12 NDFs
•Your choice of trade reporting solutions and STP for certainty
and compliance
Always with a commitment to reduce your execution costs,
enhance your access to opportunity, and bring more simplicity
to how you do business in today’s challenging market landscape.
Discover the FX marketplace
DELIVERED BY US. DEFINED BY YOU
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WELCOME TO THE 2017
FX PRODUCT GUIDE
AND CALENDAR
For the convenience of our customers, this calendar
provides an overview of contract specifications, expiration
dates and relevant economic release dates for 2017.
TABLE OF CONTENTS
CONTRACT SPECIFICATIONS SECTION GUIDE
1
TRADING HOURS
4
MAJORS
7
CROSS RATES
25
EMERGING MARKETS 43
E-MICROS & E-MINIS 79
INDEXES
91
2017 CALENDAR
93
CONTACT INFORMATION
107
2017 FX Product Guide and Calendar
CME FX FUTURES AND OPTIONS:
CONTRACT SPECIFICATIONS
All contracts listed herein are listed with, and subject to, the rules
and regulations of CME Group’s United States Designated Contract
Market ( “CME”) and not of its UK subsidiary, CME Europe Limited.
MAJORS
FX FUTURES AND OPTIONS CONTRACTS
• AUD/USD
• CAD/USD
• CHF/USD
• EUR/USD • GBP/USD
• JPY/USD
• NOK/USD • NZD/USD
• SEK/USD
8
10
12
14
16
18
20
21
23
CROSS RATES
FX FUTURES AND OPTIONS CONTRACTS
• AUD/CAD • AUD/JPY • AUD/NZD
• CAD/JPY • CHF/JPY
• EUR/AUD • EUR/CAD • EUR/CHF • EUR/GBP • EUR/JPY • EUR/NOK
• EUR/SEK • GBP/JPY • GBP/CHF
26
27
28
29
30
31
32
33
35
37
39
40
41
42
1
cmegroup.com/fx
EMERGING MARKETS
FX FUTURES AND OPTIONS CONTRACTS
• BRL/USD
• CLP/USD
• CNY/EUR
• CNY/USD
• CZK/USD
• CZK/EUR
• EUR/TRY • HUF/USD
• HUF/EUR
• ILS/USD
• INR/USD
• KRW/USD
• MXN/USD
• PLN/USD
• PLN/EUR
• RUB/USD
• USD/CLP • USD/CNH • USD/TRY
• USD/ZAR • ZAR/USD
44
46
47
49
51
53
55
56
58
60
62
63
65
67
69
71
73
74
75
76
77
E-MICROS & E-MINIS
FX FUTURES CONTRACTS
• E-MICRO AUD/USD
• E-MICRO CAD/USD • E-MINI EUR/USD • E-MICRO EUR/USD
• E-MICRO GBP/USD • E-MICRO INR/USD • E-MINI JPY/USD
• E-MICRO JPY/USD
• E-MICRO CHF/USD
• E-MICRO USD/CNH 80
81
82
83
84
85
86
87
88
89
2
2017 FX Product Guide and Calendar
INDEXES
FX FUTURES CONTRACTS
• CME BLOOMBERG DOLLAR SPOT INDEX (BDI)
92
3
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TRADING HOURS
CME Globex:
Chicago (Central Time):
Sunday – Opens at 5:00 p.m. (for the next trade date) –
4:00 p.m. the following day.
Monday through Friday – Opens at 5:00 p.m.
(for the next trade date) – 4:00 p.m. the next day.
Except on Friday – Closes at 4:00 p.m. and reopens
Sundays at 5:00 p.m.
London (GMT):
Sunday – Opens at 11:00 p.m. (for the next trade date) –
10:00 p.m. the following day.
Monday through Friday – Opens at 11:00 p.m.
(for the next trade date) – 10:00 p.m. the next day.
Except on Friday – Closes at 10:00 p.m. and reopens
Sundays at 11:00 p.m.
Singapore (UTC/GMT+8):
Monday – Opens at 7:00 a.m. – 6:00 a.m. the following
day. Tuesday through Saturday – Opens at 7:00 a.m. –
6:00 a.m. the next day. Except on Saturday – Closes at
6:00 a.m. and reopens Monday at 7:00 a.m.
Tokyo (UTC/GMT+9):
Monday – Opens at 8:00 a.m. – 7:00 a.m. the following
day.Tuesday through Saturday – Opens at 8:00 a.m. –
7:00 a.m. the next day. Except on Saturday – Closes at
7:00 a.m. and reopens Monday at 8:00 a.m.
4
2017 FX Product Guide and Calendar
Open Outcry:
Chicago (Central Time):
Monday through Friday: 7:20 a.m. – 2:00 p.m.
Central Time
London (GMT):
Monday through Friday: 1:20 p.m. – 8:00 p.m.
Singapore (UTC/GMT+8):
Monday through Friday: 9:20 p.m. –4:00 a.m.
Tokyo (UTC/GMT+9):
Monday through Friday: 10:20 p.m. – 5:00 a.m.
CME ClearPort:
Chicago (Central Time):
Sunday through Friday – 5:00 p.m. – 4:15 p.m. with a
45-minute break each day beginning at 4:15 p.m.
London (GMT):
Sunday through Friday – 11:00 p.m. – 10:15 p.m. the
following day with a 45-minute break each day beginning
at 10:15 p.m.
Singapore (UTC/GMT+8):
Monday through Saturday – 7:00 a.m. – 6:15 a.m. the
following day with a 45-minute break each day beginning
at 6:15 a.m.
Tokyo (UTC/GMT+9):
Monday through Saturday – 8:00 a.m. – 7:15 a.m. the
following day with a 45-minute break each day beginning
at 7:15 a.m.
Note: Times listed are when daylight saving time is not in effect.
5
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2017 FX Product Guide and Calendar
MAJORS
FX FUTURES AND OPTIONS CONTRACTS
•
•
•
•
•
•
•
•
•
AUD/USD
CAD/USD
CHF/USD
EUR/USD GBP/USD
JPY/USD
NOK/USD NZD/USD
SEK/USD
8
10
12
14
16
18
20
21
23
7
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MAJORS
FX FUTURES AND OPTIONS CONTRACTS
AUD/USD FUTURES
Contract Size
100,000 Australian dollars
Settlement
Physical delivery
Position Accountability
6,000 contracts
Ticker Symbol
CME Globex Electronic Markets: 6A
CME ClearPort: AD
Minimum Price Fluctuation (Tick)
Trading can occur in $.0001 per Australian dollar increments ($10.00/
contract). Also, trades can occur in $.00005 per Australian dollar increments
($5.00/contract) for AUD/USD futures intra-currency spreads executed on
the trading floor and electronically.
Contract Month Listings
Twenty months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
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2017 FX Product Guide and Calendar
AUD/USD OPTIONS
Ticker Symbol
Quarterly and serial options: European-style 2PM FIX options: ADU;
European-style 9AM FIX options: Open Outcry: XA; Globex: XAD;
European-style Volatility Quoted options: VXA; Weekly options:
European-style 2PM FIX options: 1AD-5AD; European-style 9AM FIX
options: Open Outcry: AD1-AD5; Globex: XA1-XA5; European-style Volatility
Quoted options: VAA-VAE
Pricing Conventions and Calculating Cash Premiums
An Australian dollar option price quoted as 1.58 is equivalent to 1.58 x
0.01 = 0.0158 when the price is quoted in full. The cash price of the option
is 0.0158 x 100,000 (contract size) = $1,580.00.
Minimum Price Fluctuation (Tick)
$.0001 per Australian dollar = $10.00/contract; also, trades may occur at
$.00005 ($5.00), $.00015 ($15.00), $.00025 ($25.00), $.00035 ($35.00)
and $.00045 ($45.00), which are less than five ticks of premium.
Contract Listings
Quarterly options: The first four months in the March quarterly cycle.
Serial options: Three serial options are listed at any time. Their expirations
precede that of the underlying futures contract by one and two months. For
example, following the expiration of the March futures and options cycle,
April and May serial options on the front June futures contract are still
available for trading. Consequently, the serial option expirations fall in Jan,
Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Four weekly options
are listed at any time.
Expiration/Last Trading Day
Quarterly and serial options: Close of trading is on the second Friday
immediately preceding the third Wednesday of the contract month.
Weekly options: Close of trading is on the four nearest Fridays that are not
also terminations for quarterly and serial options.
9
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CAD/USD FUTURES
Contract Size
100,000 Canadian dollars
Settlement
Physical delivery
Position Accountability
6,000 contracts
Ticker Symbol
CME Globex Electronic Markets: 6C
CME ClearPort: C1
Minimum Price Fluctuation (Tick)
Trading can occur in $.00005 Canadian dollar increments
($5.00/contract).
Contract Month Listings
Twenty months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the business day immediately preceding
the third Wednesday of the contract month (usually Tuesday).
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2017 FX Product Guide and Calendar
CAD/USD OPTIONS
Ticker Symbol
Quarterly and serial options: European-style 2PM FIX options: CAU;
European-style 9AM FIX options: Open Outcry: YD; Globex: XD;
European-style Volatility Quoted options: VXC; Weekly options: Europeanstyle 2PM FIX options: 1CD-5CD; European-style 9AM FIX options: Open
Outcry: 1D-5D; Globex: XD1-XD5; European-style Volatility Quoted options:
VCA-VCE
Pricing Conventions and Calculating Cash Premiums
A Canadian dollar option price quoted as 1.58 is equivalent to 1.58 x 0.01
= 0.0158 when the price is quoted in full. The cash price of the option is
0.0158 x 100,000 (contract size) = $1,580.00.
Minimum Price Fluctuation (Tick)
$.0001 per Canadian dollar = $10.00/contract; also, trades may occur at
$.00005 ($5.00), $.00015 ($15.00), $.00025 ($25.00), $.00035 ($35.00)
and $.00045 ($45.00), which are less than five ticks of premium.
Contract Listings
Quarterly options: The first four months in the March quarterly
cycle. Serial options: Three serial options are listed at any time. Their
expirations precede that of the underlying futures contract by one and
two months. For example, following the expiration of the March futures
and options cycle, April and May serial options on the front June futures
contract are still available for trading. Consequently, the serial option
expirations fall in Jan, Feb, Apr, May, Jul, Aug, Oct and Nov.
Weekly options: Four weekly options are listed at any time.
Expiration/Last Trading Day
Quarterly and serial options: Close of trading is on the second Friday
immediately preceding the third Wednesday of the contract month.
Weekly options: Close of trading is on the four nearest Fridays that are
not also terminations for quarterly and serial options.
11
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CHF/USD FUTURES
Contract Size
125,000 Swiss francs
Settlement
Physical delivery
Position Accountability
10,000 contracts
Ticker Symbol
CME Globex Electronic Markets: 6S
CME ClearPort: E1
Minimum Price Fluctuation (Tick)
Trading can occur in $.0001 per Swiss franc increments ($12.50/
contract). Also, trades can occur in $.00005 per Swiss franc increments
($6.25/contract) for CHF/USD futures intra-currency spreads executed
on the trading floor and electronically.
Contract Month Listings
Twenty months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
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2017 FX Product Guide and Calendar
CHF/USD OPTIONS
Ticker Symbol
Quarterly and serial options: European-style 2PM FIX options: CHU;
European-style 9AM FIX options: Open Outcry: YS; Globex: XS;
European-style Volatility Quoted options: VXS; Weekly options:
European-style 2PM FIX options: 1SF-5SF; European-style 9AM
FIX options: Open Outcry: 1W-5W; Globex: XS1-XS5; European-style
Volatility Quoted options: VSA-VSE
Pricing Conventions and Calculating Cash Premiums
A Swiss franc option price of 2.93 is equivalent to 2.93 x 0.01 = 0.0293
when the price is quoted in full. The cash price of the option is 0.0293 x
125,000 (contract size) = $3,662.50.
Minimum Price Fluctuation (Tick)
$.0001 per Swiss franc = $12.50/contract; also, trades may occur at
$.00005 ($6.25), $.00015 ($18.75), $.00025 ($31.25), $.00035 ($43.75)
and $.00045 ($56.25), which are less than five ticks of premium.
Contract Listings
Quarterly options: The first four months in the March quarterly cycle.
Serial options: Three serial options are listed at any time. Their expirations
precede that of the underlying futures contract by one and two months. For
example, following the expiration of the March futures and options cycle,
April and May serial options on the front June futures contract are still
available for trading. Consequently, the serial option expirations fall in Jan,
Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Four weekly options
are listed at any time.
Expiration/Last Trading Day
Quarterly and serial options: Close of trading is on the second Friday
immediately preceding the third Wednesday of the contract month.
Weekly options: Close of trading is on the four nearest Fridays that are not
also terminations for quarterly and serial options.
13
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EUR/USD FUTURES
Contract Size
125,000 euros
Settlement
Physical delivery
Position Accountability
10,000 contracts
Ticker Symbol
CME Globex Electronic Markets: 6E
CME ClearPort: EC
Minimum Price Fluctuation (Tick)
Trading can occur in $.00005 per euro increments ($6.25/contract).
Contract Month Listings
Twenty months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
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2017 FX Product Guide and Calendar
EUR/USD OPTIONS
Ticker Symbol
Quarterly and serial options: European-style 2PM FIX options: EUU;
European-style 9AM FIX options: Open Outcry: YT; Globex: XT; Europeanstyle Volatility Quoted options: VXT; Weekly options: European-style 2PM
FIX options: 1EU-5EU; European-style 9AM FIX; options: Open Outcry:
1T-5T; Globex: 1Q-5Q; European-style Volatility Quoted options: VTA-VTE
Pricing Conventions and Calculating Cash Premiums
A FX option price quoted as 20.30 is equivalent to 20.30 x 0.001 = 0.02030
when the price is quoted in full. Similarly, a EUR/USD option price quoted
as 0.02030 is already quoted in full. The cash price of the option is
0.02030 x 125,000 (contract size) = $2,537.50.
Minimum Price Fluctuation (Tick)
$.0001 per euro = $12.50/contract; also, trades may occur at $.00005
($6.25), $.00015 ($18.75), $.00025 ($31.25), $.00035 ($43.75) and
$.00045 ($56.25), which are less than five ticks of premium.
Contract Listings
Quarterly options: The first four months in the March quarterly cycle.
Serial options: Three serial options are listed at any time. Their expirations
precede that of the underlying futures contract by one and two months. For
example, following the expiration of the March futures and options cycle,
April and May serial options on the front June futures contract are still
available for trading. Consequently, the serial option expirations fall in Jan,
Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Four weekly options
are listed at any time.
Expiration/Last Trading Day
Quarterly and serial options: Close of trading is on the second Friday
immediately preceding the third Wednesday of the contract month.
Weekly options: Close of trading is on the four nearest Fridays that are not
also terminations for quarterly and serial options.
15
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GBP/USD FUTURES
Contract Size
62,500 British pounds
Settlement
Physical delivery
Position Accountability
10,000 contracts
Ticker Symbol
CME Globex Electronic Markets: 6B
CME ClearPort: BP
Minimum Price Fluctuation (Tick)
Trading can occur in $.0001 per British pound increments
($6.25/contract).
Contract Month Listings
Twenty months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
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2017 FX Product Guide and Calendar
GBP/USD OPTIONS
Ticker Symbol
Quarterly and serial options:; European-style 2PM FIX options: GBU;
European-style 9AM FIX options: Open Outcry: YB; Globex: XB; Europeanstyle Volatility Quoted options: VXB; Weekly options: European-style 2PM
FIX options: 1BP-5BP; European-style 9AM FIX options: Open Outcry:
1P-5P; Globex: XB1-XB5; European-style Volatility Quoted options: VBA-VBE
Pricing Conventions and Calculating Cash Premiums
A British pound option price quoted as 1.960 is equivalent to
1.960 x 0.01 = 0.0196 when the price is quoted in full. The cash price of
the option is 0.0196 x 62,500 (contract size) = $1,225.00.
Minimum Price Fluctuation (Tick)
$.0001 per British pound = $6.25/contract.
Contract Listings
Quarterly options: The first four months in the March quarterly cycle.
Serial options: Three serial options are listed at any time. Their expirations
precede that of the underlying futures contract by one and two months. For
example, following the expiration of the March futures and options cycle,
April and May serial options on the front June futures contract are still
available for trading. Consequently, the serial option expirations fall in Jan,
Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Four weekly options
are listed at any time.
Expiration/Last Trading Day
Quarterly and serial options: Close of trading is on the second Friday
immediately preceding the third Wednesday of the contract month.
Weekly options: Close of trading is on the four nearest Fridays that are not
also terminations for quarterly and serial options.
17
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JPY/USD FUTURES
Contract Size
12,500,000 Japanese yen
Settlement
Physical delivery
Position Accountability
10,000 contracts
Ticker Symbol
CME Globex Electronic Markets: 6J
CME ClearPort: J1
Minimum Price Fluctuation (Tick)
Trading can occur in $.0000005 per Japanese yen increments
($6.25/contract).
Contract Month Listings
Twenty months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
18
2017 FX Product Guide and Calendar
JPY/USD OPTIONS
Ticker Symbol
Quarterly and serial options: European-style 2PM FIX options: JPU;
European-style 9AM FIX options: Open Outcry: YJ; Globex: XJ; Europeanstyle Volatility Quoted options: VXJ; Weekly options: European-style 2PM
FIX options: 1JY-5JY; European-style 9AM FIX options: Open Outcry:
1Y-5Y; Globex: 1O-5O; European-style Volatility Quoted options: VJA-VJE
Pricing Conventions and Calculating Cash Premiums
A Japanese yen option price quoted as 1.53 is equivalent to 1.53 x 0.0001
= 0.000153 when the price is quoted in full. The cash price of the option
is 0.000153 x 12,500,000 (contract size) = $1,912.50.
Minimum Price Fluctuation (Tick)
$.000001 per Japanese yen = $12.50/contract; also, trades may occur
at $.0000005 ($6.25), $.0000015 ($18.75), $.0000025 ($31.25),
$.0000035 ($43.75) and $.0000045 ($56.25), which are less than five
ticks of premium.
Contract Listings
Quarterly options: The first four months in the March quarterly cycle.
Serial options: Three serial options are listed at any time. Their expirations
precede that of the underlying futures contract by one and two months. For
example, following the expiration of the March futures and options cycle,
April and May serial options on the front June futures contract are still
available for trading. Consequently, the serial option expirations fall in Jan,
Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Four weekly options
are listed at any time.
Expiration/Last Trading Day
Quarterly and serial options: Close of trading is on the second Friday
immediately preceding the third Wednesday of the contract month.
Weekly options: Close of trading is on the four nearest Fridays that are not
also terminations for quarterly and serial options.
19
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NOK/USD FUTURES
Contract Size
2,000,000 Norwegian kroner
Settlement
Physical delivery
Position Accountability
6,000 contracts
Ticker Symbol
CME Globex Electronic Markets: NOK
CME ClearPort: UN
Minimum Price Fluctuation (Tick)
Trading can occur in $.00001 per Norwegian krone increments
($20.00 contract). Also, trades can occur in $.000005 per Norwegian
krone increments ($10.00/contract) for NOK/USD futures intra-currency
spreads executed on the trading floor and electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
20
2017 FX Product Guide and Calendar
NZD/USD FUTURES
Contract Size
100,000 New Zealand dollars
Settlement
Physical delivery
Position Accountability
6,000 contracts
Ticker Symbol
CME Globex Electronic Markets: 6N
CME ClearPort: NE
Minimum Price Fluctuation (Tick)
Trading can occur in $.0001 per New Zealand dollar increments ($10.00/
contract). Also, trades can occur in $.00005 per New Zealand dollar
increments ($5.00/contract) for NZD/USD futures intra-currency
spreads executed on the trading floor and electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
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NZD/USD OPTIONS
Ticker Symbol
Quarterly and serial options: Open Outcry: NE; Globex: 6N
Weekly options: 1Z-5Z
Pricing Conventions and Calculating Cash Premiums
A New Zealand dollar option price quoted as 0.60 is equivalent to 0.60 x
0.01 = 0.0060 when the price is quoted in full. The cash price of the option
is 0.0060 x 100,000 (contract size) = $600.00.
Minimum Price Fluctuation (Tick)
$.0001 per New Zealand dollar = $10.00/contract; also, trades may occur
at $.00005 ($5.00), $.00015 ($15.00), $.00025 ($25.00), $.00035
($35.00)and $.00045 ($45.00), which are less than five ticks of premium.
Contract Listings
Quarterly options: The first four months in the March quarterly cycle.
Serial options: Two serial options are listed at any time. Their expirations
precede that of the underlying futures contract by one and two months. For
example, following the expiration of the March futures and options cycle,
April and May serial options on the front June futures contract are still
available for trading. Consequently, the serial option expirations fall in Jan,
Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Four weekly options
are listed at any time.
Expiration/Last Trading Day
Quarterly and serial options: Close of trading is on the second Friday
immediately preceding the third Wednesday of the contract month.
Weekly options: Close of trading is on the four nearest Fridays that are not
also terminations for quarterly and serial options.
22
2017 FX Product Guide and Calendar
SEK/USD FUTURES
Contract Size
2,000,000 Swedish kronor
Settlement
Physical delivery
Position Accountability
6,000 contracts
Ticker Symbol
CME Globex Electronic Markets: SEK
CME ClearPort: SE
Minimum Price Fluctuation (Tick)
Trading can occur in $.00001 per Swedish krona increments
($20.00/contract). Also, trades can occur in $.000005 per Swedish
krona increments ($10.00/contract) for SEK/USD futures intra-currency
spreads executed on the trading floor and electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
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2017 FX Product Guide and Calendar
CROSS RATES
FX FUTURES AND OPTIONS CONTRACTS
•
•
•
•
•
•
•
•
•
•
•
•
•
•
AUD/CAD AUD/JPY AUD/NZD
CAD/JPY CHF/JPY
EUR/AUD EUR/CAD EUR/CHF EUR/GBP EUR/JPY EUR/NOK
EUR/SEK GBP/JPY GBP/CHF
26
27
28
29
30
31
32
33
35
37
39
40
41
42
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CROSS RATES
FX FUTURES AND OPTIONS CONTRACTS
AUD/CAD FUTURES
Contract Size
200,000 Australian dollars
Settlement
Physical delivery
Position Accountability
6,000 contracts
Ticker Symbol
CME Globex Electronic Markets: ACD
CME ClearPort: AC
Minimum Price Fluctuation (Tick)
Trading can occur in .0001 Canadian dollars per Australian dollar increments (20 Canadian dollars). Also, trades can occur in .00005 Canadian
dollars per Australian dollar increments (10 Canadian dollars) for AUD/
CAD futures intra-currency spreads executed on the trading floor and
electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
26
2017 FX Product Guide and Calendar
AUD/JPY FUTURES
Contract Size
200,000 Australian dollars
Settlement
Physical delivery
Position Accountability
6,000 contracts
Ticker Symbol
CME Globex Electronic Markets: AJY
CME ClearPort: AJ
Minimum Price Fluctuation (Tick)
Trading can occur in .01 Japanese yen per Australian dollar increments
(2,000 Japanese yen). Also, trades can occur in .005 Japanese yen per
Australian dollar increments (1,000 Japanese yen) for AUD/JPY futures
intra-currency spreads executed on the trading floor and electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
27
cmegroup.com/fx
AUD/NZD FUTURES
Contract Size
200,000 Australian dollars
Settlement
Physical delivery
Position Accountability
6,000 contracts
Ticker Symbol
CME Globex Electronic Markets: ANE
CME ClearPort: AN
Minimum Price Fluctuation (Tick)
Trading can occur in .0001 New Zealand dollars per Australian dollar
increments (20 New Zealand dollars). Also, trades can occur in .00005
New Zealand dollars per Australian dollar increments (10 New Zealand
dollars) for AUD/NZD futures intra-currency spreads executed on the
trading floor.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
28
2017 FX Product Guide and Calendar
CAD/JPY FUTURES
Contract Size
200,000 Canadian dollars
Settlement
Physical delivery
Position Accountability
6,000 contracts
Ticker Symbol
CME Globex Electronic Markets: CJY
CME ClearPort: CY
Minimum Price Fluctuation (Tick)
Trading can occur in .01 Japanese yen per Canadian dollar increments
(2,000 Japanese yen). Also, trades can occur in .005 Japanese yen per
Canadian dollar increments (1,000 Japanese yen) for CAD/JPY futures
intra-currency spreads executed on the trading floor and electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
29
cmegroup.com/fx
CHF/JPY FUTURES
Contract Size
250,000 Swiss francs
Settlement
Physical delivery
Position Accountability
6,000 contracts
Ticker Symbol
CME Globex Electronic Markets: SJY
CME ClearPort: SJ
Minimum Price Fluctuation (Tick)
Trading can occur in .005 Japanese yen per Swiss franc increments (1,250
Japanese yen). Also, trades can occur in .0025 Japanese yen per Swiss
franc increments (625 Japanese yen) for CHF/JPY futures intra-currency
spreads executed on the trading floor and electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
30
2017 FX Product Guide and Calendar
EUR/AUD FUTURES
Contract Size
125,000 euros
Settlement
Physical delivery
Position Accountability
6,000 contracts
Ticker Symbol
CME Globex Electronic Markets: EAD
CME ClearPort: CA
Minimum Price Fluctuation (Tick)
Trading can occur in .0001 Australian dollars per euro increments (12.5
Australian dollars). Also, trades can occur in .00005 Australian dollars per
euro increments (6.25 Australian dollars) for EUR/AUD futures intracurrency spreads executed on the trading floor and electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
31
cmegroup.com/fx
EUR/CAD FUTURES
Contract Size
125,000 euros
Settlement
Physical delivery
Position Accountability
6,000 contracts
Ticker Symbol
CME Globex Electronic Markets: ECD
CME ClearPort: CC
Minimum Price Fluctuation (Tick)
Trading can occur in .0001 Canadian dollars per euro increments
(12.5 Canadian dollars). Also, trades can occur in .00005 Canadian dollars
per euro increments (6.25 Canadian dollars) for EUR/CAD futures intracurrency spreads executed on the trading floor and electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
32
2017 FX Product Guide and Calendar
EUR/CHF FUTURES
Contract Size
125,000 euros
Settlement
Physical delivery
Position Accountability
6,000 contracts
Ticker Symbol
CME Globex Electronic Markets: RF
CME ClearPort: RF
Minimum Price Fluctuation (Tick)
Trading can occur in .0001 Swiss francs per euro increments (12.5
Swiss francs). Also, trades can occur in .00005 Swiss francs per euro
increments (6.25 Swiss francs) for EUR/CHF futures intra-currency
spreads executed on the trading floor and electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
33
cmegroup.com/fx
EUR/CHF OPTIONS
Ticker Symbol
Quarterly and serial options: RF
Weekly options: 1I-5I
Pricing Conventions and Calculating Cash Premiums
A Euro FX/Swiss franc option price quoted as 0.0245 is already quoted
in full. The cash price of the option is 0.0245 x 125,000 (contract size) =
3,062.5 Swiss francs.
Minimum Price Fluctuation (Tick)
.0001 Swiss francs per euro (12.5 Swiss francs); also, trades may occur
at .00005 (6.25 Swiss francs), .00015 (18.75 Swiss francs), .00025 (31.25
Swiss francs), .00035 (43.75 Swiss francs) and .00045 (56.25 Swiss
francs), which are less than five ticks of premium.
Contract Listings
Quarterly options: The first four months in the March quarterly cycle.
Serial options: Two serial options are listed at any time. Their expirations
precede that of the underlying futures contract by one and two months. For
example, following the expiration of the March futures and options cycle,
April and May serial options on the front June futures contract are still
available for trading. Consequently, the serial option expirations fall in Jan,
Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Four weekly options
are listed at any time.
Expiration/Last Trading Day
Quarterly and serial options: Close of trading is on the second Friday
immediately preceding the third Wednesday of the contract month.
Weekly options: Close of trading is on the four nearest Fridays that are not
also terminations for quarterly and serial options.
34
2017 FX Product Guide and Calendar
EUR/GBP FUTURES
Contract Size
125,000 euros
Settlement
Physical delivery
Position Accountability
6,000 contracts
Ticker Symbol
CME Globex Electronic Markets: RP
CME ClearPort: RP
Minimum Price Fluctuation (Tick)
Trading can occur in .00005 British pounds per euro increments (6.25
British pounds). Also, trades can occur in .000025 British pounds per euro
increments (3.125 British pounds) for EUR/GBP futures intra-currency
spreads executed on the trading floor and electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
35
cmegroup.com/fx
EUR/GBP OPTIONS
Ticker Symbol
Quarterly and serial options: RP
Weekly options: 1E-5E
Pricing Conventions and Calculating Cash Premiums
A Euro FX/British pound option price quoted as 0.02365 is already
quoted in full. The cash price of the option is 0.02365 x 125,000 (contract
size) = 2,956.25 British pounds.
Minimum Price Fluctuation (Tick)
.00005 British pounds per euro (6.25 British pounds); also, trades may
occur at .000025 (3.125 British pounds).
Contract Listings
Quarterly options: The first four months in the March quarterly cycle.
Serial options: Two serial options are listed at any time. Their expirations
precede that of the underlying futures contract by one and two months. For
example, following the expiration of the March futures and options cycle,
April and May serial options on the front June futures contract are still
available for trading. Consequently, the serial option expirations fall in Jan,
Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Four weekly options
are listed at any time.
Expiration/Last Trading Day
Quarterly and serial options: Close of trading is on the second Friday
immediately preceding the third Wednesday of the contract month.
Weekly options: Close of trading is on the four nearest Fridays that are not
also terminations for quarterly and serial options.
36
2017 FX Product Guide and Calendar
EUR/JPY FUTURES
Contract Size
125,000 euros
Settlement
Physical delivery
Position Accountability
6,000 contracts
Ticker Symbol
CME Globex Electronic Markets: RY
CME ClearPort: RY
Minimum Price Fluctuation (Tick)
Trading can occur in .01 Japanese yen per euro increments (1,250
Japanese yen). Also, trades can occur in .005 Japanese yen per euro
increments (625 Japanese yen) for EUR/JPY futures intra-currency
spreads executed on the trading floor and electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
37
cmegroup.com/fx
EUR/JPY OPTIONS
Ticker Symbol
Quarterly and serial options: RY
Weekly options: 1H-5H
Pricing Conventions and Calculating Cash Premiums
A Euro FX/Japanese yen option price quoted as 1.70 is already quoted
in full. The cash price of the option is 1.70 x 125,000 (contract size) =
212,500 Japanese yen.
Minimum Price Fluctuation (Tick)
.01 Japanese yen per euro (1,250 Japanese yen); also, trades may occur
at .005 (625 Japanese yen), .015 (1,875 Japanese yen), .025 (3,125
Japanese yen), .035 (4,375 Japanese yen) and .045 (5,625 Japanese yen),
which are less. than five ticks of premium.
Contract Listings
Quarterly options: The first four months in the March quarterly cycle.
Serial options: Two serial options are listed at any time. Their expirations
precede that of the underlying futures contract by one and two months. For
example, following the expiration of the March futures and options cycle,
April and May serial options on the front June futures contract are still
available for trading. Consequently, the serial option expirations fall in Jan,
Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Four weekly options
are listed at any time.
Expiration/Last Trading Day
Quarterly and serial options: Close of trading is on the second Friday
immediately preceding the third Wednesday of the contract month.
Weekly options: Close of trading is on the four nearest Fridays that are not
also terminations for quarterly and serial options.
38
2017 FX Product Guide and Calendar
EUR/NOK FUTURES
Contract Size
125,000 euros
Settlement
Physical delivery
Position Accountability
6,000 contracts
Ticker Symbol
CME Globex Electronic Markets: ENK
CME ClearPort: CN
Minimum Price Fluctuation (Tick)
Trading can occur in .0005 Norwegian krone per euro increments (62.5
Norwegian krone). Also, trades can occur in .00025 Norwegian krone per
euro increments (31.25 Norwegian krone) for EUR/NOK futures intracurrency spreads executed on the trading floor and electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
39
cmegroup.com/fx
EUR/SEK FUTURES
Contract Size
125,000 euros
Settlement
Physical delivery
Position Accountability
6,000 contracts
Ticker Symbol
CME Globex Electronic Markets: ESK
CME ClearPort: KE
Minimum Price Fluctuation (Tick)
Trading can occur in .0005 Swedish krona per euro increments (62.5
Swedish krona). Also, trades can occur in .00025 Swedish krona per euro
increments (31.25 Swedish krona) for EUR/SEK futures intra-currency
spreads executed on the trading floor and electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
40
2017 FX Product Guide and Calendar
GBP/JPY FUTURES
Contract Size
125,000 British pounds
Settlement
Physical delivery
Position Accountability
6,000 contracts
Ticker Symbol
CME Globex Electronic Markets: PJY
CME ClearPort: BY
Minimum Price Fluctuation (Tick)
Trading can occur in .01 Japanese yen per British pound increments
(1,250 Japanese yen). Also, trades can occur in .005 Japanese yen per
British pound increments (625 Japanese yen) for GBP/JPY futures
intra-currency spreads executed on the trading floor and electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
41
cmegroup.com/fx
GBP/CHF FUTURES
Contract Size
125,000 British pounds
Settlement
Physical delivery
Position Accountability
6,000 contracts
Ticker Symbol
CME Globex Electronic Markets: PSF
CME ClearPort: BF
Minimum Price Fluctuation (Tick)
Trading can occur in .0001 Swiss francs per British pound increments
(12.5 Swiss francs). Also, trades can occur in .00005 Swiss francs per
British pound increments (6.25 Swiss francs) for GBP/CHF futures intracurrency spreads executed on the trading floor and electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
42
2017 FX Product Guide and Calendar
EMERGING MARKETS
FX FUTURES AND OPTIONS CONTRACTS
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
BRL/USD
CLP/USD
CNY/EUR
CNY/USD
CZK/USD
CZK/EUR
EUR/TRY HUF/USD
HUF/EUR
ILS/USD
INR/USD
KRW/USD
MXN/USD
PLN/USD
PLN/EUR
RUB/USD
USD/CLP USD/CNH USD/TRY
USD/ZAR ZAR/USD
44
46
47
49
51
53
55
56
58
60
62
63
65
67
69
71
73
74
75
76
77
43
cmegroup.com/fx
EMERGING MARKETS
FX FUTURES AND OPTIONS CONTRACTS
BRL/USD FUTURES
Contract Size
100,000 Brazilian reais
Settlement
Cash-settled
Position Limits:
Position Limits: 30,000 futures-equivalent contracts in a single month;
60,000 futures-equivalent contracts in all months combined*
Ticker Symbol
CME Globex Electronic Markets: 6L
CME ClearPort: BR
Minimum Price Fluctuation (Tick)
Trading can occur in $.00005 per Brazilian real increments ($5.00/
contract).
Contract Month Listings
Consecutive contract months out 5 years
Last Trading Day
Trading ceases at 9:15 a.m. CT on the last business day of the month for the
Central Bank of Brazil immediately preceding the contract month.
* Position Limits: Size of position may not exceed the indicated number of contracts, i.e., a finite limit
44
2017 FX Product Guide and Calendar
BRL/USD OPTIONS
Ticker Symbol
Monthly options: BR
Weekly options: 1R-5R
Pricing Conventions and Calculating Cash Premiums
A Brazilian real option price quoted as 0.05250 is already quoted in full.
The cash price of the option is 0.05250 x 100,000 (contract size) =
$5,250.00.
Minimum Price Fluctuation (Tick)
$.00005 per Brazilian real = $5.00/contract
Contract Listings
Monthly options: Twelve consecutive contract months.
Weekly options: Four weekly options are listed at any time.
Expiration/Last Trading Day
Monthly options: Close of trading is the same as the underlying futures
contract. Weekly options: Close of trading is on the four nearest Fridays
that are not also terminations for monthly options.
45
cmegroup.com/fx
CLP/USD FUTURES
Contract Size
50,000,000 Chilean Pesos
Settlement
Cash-settled
Position Accountability/Position Limits:
Position Limit:10,000 contracts in all months combined
Position Limit: 5,000 contracts for Spot month*
Ticker Symbol
CME Globex Electronic Markets:CHP
CME ClearPort:CHP
Minimum Price Fluctuation (Tick)
Trading can occur in .0.0000001 per Chilean Peso increments ($5.00/
contract).
Contract Month Listings
Twelve consecutive contract months and the next four March quarterly
cycle months
Last Trading Day
Trading ceases at 9:15 a.m. Chicago time on the last Santiago business
day of the month preceding the expiring contract month
* Position Limits: Size of position may not exceed the indicated number of contracts, i.e., a finite limit
46
2017 FX Product Guide and Calendar
CNY/EUR FUTURES
Contract Size
1,000,000 Chinese renminbi (CNY)
Settlement
Cash-settled
Position Accountability/Position Limits:
Position Accountability Trigger Levels: 6,000 contracts;
Position Limit: 2,000 contracts for Spot month**
Ticker Symbol
CME Globex Electronic Markets: RME
CME ClearPort: RME
Minimum Price Fluctuation (Tick)
Trading can occur in .00001 euros per Chinese renminbi increments (10
euros). Also, trades can occur in .000005 euros per Chinese renminbi
increments (5 euros) for CNY/EUR futures intra-currency spreads
executed electronically.
Contract Month Listings
Thirteen consecutive calendar months plus two deferred March quarterly
cycle contract months.
Last Trading Day
Trading ceases at 9:00 a.m. Beijing time on 2nd Beijing business day
intermediately preceding 3rd Wednesday of the contract month (i.e., in
Chicago, 7:00 p.m. CT on Sunday night during the winter and 8:00 p.m.
CT on Sunday night during the summer.
** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more
than a specified number of contracts net long or short in all contract months combined (Position
Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group
Market Regulation, information about the nature of the position, trading strategy, and hedging
information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position
Limit: However, a position held in the expiring contract month may not exceed the spot month position
limit on or after the business day one week before termination of trading.
47
cmegroup.com/fx
CNY/EUR OPTIONS
Ticker Symbol
Monthly options: RME
Weekly options: RE1-RE5
Minimum Price Fluctuation (Tick)
.00001 euros per Chinese renminbi (10 euros); also, trades may occur
at .000005 (5 euros), .000015 (15 euros), .000025 (25 euros), .000035
(35 euros) and .000045 (45 euros), which are less than five ticks of premium.
Contract Listings
Monthly options: Twelve consecutive contract months.
Weekly options: Four weekly options are listed at any time.
Expiration/Last Trading Day
Monthly options: Close of trading is the same as the underlying futures
contract. Weekly options: Close of trading is on the four nearest Fridays
that are not also terminations for monthly options.
Please note: CNY refers to onshore Chinese renminbi; CNH refers to offshore Chinese renminbi; and RMB
refers to Chinese renminbi in general.
48
2017 FX Product Guide and Calendar
CNY/USD FUTURES
Contract Size
1,000,000 Chinese renminbi (CNY)
Settlement
Cash-settled
Position Accountability/Position Limits:
Position Accountability Trigger Levels: 6,000 contracts;
Position Limit: 2,000 contracts for Spot month**
Ticker Symbol
CME Globex Electronic Markets: RMB
CME ClearPort: RMB
Minimum Price Fluctuation (Tick)
Trading can occur in $.00001 per Chinese renminbi increments
($10.00/contract). Also, trades can occur in $.000005 per Chinese renminbi increments ($5.00/contract) for CNY/USD futures intra-currency
spreads executed electronically.
Contract Month Listings
Thirteen consecutive calendar months plus eight deferred March
quarterly cycle contract months.
Last Trading Day
Trading ceases at 9:00 a.m. Beijing time on 2nd Beijing business day
intermediately preceding 3rd Wednesday of the contract month (i.e., in
Chicago, 7:00 p.m. CT on Sunday night during the winter and 8:00 p.m.
CT on Sunday night during the summer.
**Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more than a
specified number of contracts net long or short in all contract months combined (Position Accountability
Trigger Level), such person will provide in a timely fashion, upon request by CME Group Market
Regulation, information about the nature of the position, trading strategy, and hedging information, if
applicable. Therefore, overall positions do not have a finite limit. Spot Month Position Limit: However, a
position held in the expiring contract month may not exceed the spot month position limit on or after the
business day one week before termination of trading.
49
cmegroup.com/fx
CNY/USD OPTIONS
Ticker Symbol
Monthly options: RMB
Weekly options: RB1-RB5
Minimum Price Fluctuation (Tick)
$.00001 per Chinese renminbi = $10.00/contract; also, trades may
occur at $.000005 ($5.00), $.000015 ($15.00), $.000025 ($25.00),
$.000035 ($35.00) and $.000045 ($45.00), which are less than five
ticks of premium.
Contract Listings
Monthly options: Twelve consecutive contract months.
Weekly options: Four weekly options are listed at any time.
Expiration/Last Trading Day
Monthly options: Close of trading is the same as the underlying futures
contract. Weekly options: Close of trading is on the four nearest Fridays
that are not also terminations for monthly options.
Please note: CNY refers to onshore Chinese renminbi; CNH refers to offshore Chinese renminbi; and RMB
refers to Chinese renminbi in general.
50
2017 FX Product Guide and Calendar
CZK/USD FUTURES
Contract Size
4,000,000 Czech koruna
Settlement
Physical delivery
Position Accountability/Position Limits:
Position Accountability Trigger Level: 6,000 contracts;
Position Limit: 2,000 contracts for Spot month**
Ticker Symbol
CME Globex Electronic Markets: CZK
CME ClearPort: CZ
Minimum Price Fluctuation (Tick)
Trading can occur in $.000002 per Czech koruna increments ($8.00/
contract). Also, trades can occur in $.000001 per Czech koruna
increments ($4.00/contract) for CZK/USD futures intra-currency
spreads executed on the trading floor and electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more
than a specified number of contracts net long or short in all contract months combined (Position
Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group
Market Regulation, information about the nature of the position, trading strategy, and hedging
information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position
Limit: However, a position held in the expiring contract month may not exceed the spot month position
limit on or after the business day one week before termination of trading.
51
cmegroup.com/fx
CZK/USD OPTIONS
Ticker Symbol
Quarterly and serial options: CKO
Minimum Price Fluctuation (Tick)
$.000002 per Czech koruna = $8.00/contract; also, trades may occur
at $.000001 ($4.00), $.000003 ($12.00), $.000005 ($20.00),
$.000007 ($28.00) and $.000009 ($36.00), which are less than five ticks
of premium.
Contract Listings
Quarterly options: The first four months in the March quarterly cycle.
Serial options: Two serial options are listed at any time. Their expirations
precede that of the underlying futures contract by one and two months. For
example, following the expiration of the March futures and options cycle,
April and May serial options on the front June futures contract are still
available for trading. Consequently, the serial option expirations fall in Jan,
Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Weekly options are not
currently listed.
Expiration/Last Trading Day
Quarterly and serial options: Close of trading is on the second Friday
immediately preceding the third Wednesday of the contract month.
52
2017 FX Product Guide and Calendar
CZK/EUR FUTURES
Contract Size
4,000,000 Czech koruna
Settlement
Physical delivery
Position Accountability/Position Limits:
Position Accountability Trigger Level: 6,000 contracts;
Position Limits: 2,000 contracts for Spot month**
Ticker Symbol
CME Globex Electronic Markets: ECK
CME ClearPort: K
Minimum Price Fluctuation (Tick)
Trading can occur in .000002 euros per Czech koruna increments
(8 euros/contract). Also, trades can occur in .000001 euros per
Czech koruna increments (4 euros/contract) for CZK/EUR futures
intra-currency spreads executed on the trading floor and electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more
than a specified number of contracts net long or short in all contract months combined (Position
Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group
Market Regulation, information about the nature of the position, trading strategy, and hedging
information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position
Limit: However, a position held in the expiring contract month may not exceed the spot month position
limit on or after the business day one week before termination of trading.
53
cmegroup.com/fx
CZK/EUR OPTIONS
Ticker Symbol
Quarterly and serial options: ECZ
Minimum Price Fluctuation (Tick)
.000002 euros per Czech koruna (8 euros); also, trades may occur at
.000001 (4 euros), .000003 (12 euros), .000005 (20 euros), .000007
(28 euros) and .000009 (36 euros), which are less than five ticks of
premium.
Contract Listings
Quarterly options: The first four months in the March quarterly cycle.
Serial options: Two serial options are listed at any time. Their expirations
precede that of the underlying futures contract by one and two months. For
example, following the expiration of the March futures and options cycle,
April and May serial options on the front June futures contract are still
available for trading. Consequently, the serial option expirations fall in Jan,
Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Weekly options are not
currently listed.
Expiration/Last Trading Day
Quarterly and serial options: Close of trading is on the second Friday
immediately preceding the third Wednesday of the contract month.
54
2017 FX Product Guide and Calendar
EUR/TRY FUTURES
Contract Size
125,000 euros
Settlement
Physical delivery
Position Accountability/Position Limits:
Position Accountability Trigger Levels: 6,000 contracts;
Position Limit: 2,000 contracts for Spot month**
Ticker Symbol
TRE
Minimum Price Fluctuation (Tick)
Trading can occur in .0001 Turkish lira per euro increments (12.5 lira). Also,
trades can occur in multiples of .00005 Turkish lira per euro increments
(6.25 lira) for EUR/TRY intra-currency spreads executed electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 12:30 a.m. CT on the business day immediately
preceding the third Wednesday of the contract month (usually early
on Tuesday morning CT, which is 8:30 a.m. Istanbul/Ankara time
on Tuesday).
**Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more
than a specified number of contracts net long or short in all contract months combined (Position
Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group
Market Regulation, information about the nature of the position, trading strategy, and hedging
information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position
Limit: However, a position held in the expiring contract month may not exceed the spot month position
limit on or after the business day one week before termination of trading.
55
cmegroup.com/fx
HUF/USD FUTURES
Contract Size
30,000,000 Hungarian forint
Settlement
Physical delivery
Position Accountability/Position Limits:
Position Accountability Trigger Level: 6,000 contracts;
Position Limit: 2,000 contracts for Spot month**
Ticker Symbol
CME Globex Electronic Markets: HUF
CME ClearPort: FR
Minimum Price Fluctuation (Tick)
Trading can occur in $.0000002 per Hungarian forint increments
($6.00/contract). Also, trades can occur in $.0000001 per Hungarian
forint increments ($3.00/contract) for HUF/USD futures intra-currency
spreads executed on the trading floor and electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more
than a specified number of contracts net long or short in all contract months combined (Position
Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group
Market Regulation, information about the nature of the position, trading strategy, and hedging
information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position
Limit: However, a position held in the expiring contract month may not exceed the spot month position
limit on or after the business day one week before termination of trading.
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2017 FX Product Guide and Calendar
HUF/USD OPTIONS
Ticker Symbol
Quarterly and serial options: HFO
Minimum Price Fluctuation (Tick)
$.0000002 per Hungarian forint = $6.00/contract; also, trades may
occur at $.0000001 ($3.00), $.0000003 ($9.00), $.0000005 ($15.00),
$.0000007 ($21.00) and $.0000009 ($27.00), which are less than five
ticks of premium.
Contract Listings
Quarterly options: The first four months in the March quarterly cycle.
Serial options: Two serial options are listed at any time. Their expirations
precede that of the underlying futures contract by one and two months. For
example, following the expiration of the March futures and options cycle,
April and May serial options on the front June futures contract are still
available for trading. Consequently, the serial option expirations fall in Jan,
Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Weekly options are not
currently listed.
Expiration/Last Trading Day
Quarterly and serial options: Close of trading is on the second Friday
immediately preceding the third Wednesday of the contract month.
57
cmegroup.com/fx
HUF/EUR FUTURES
Contract Size
30,000,000 Hungarian forint
Settlement
Physical delivery
Position Accountability/Position Limits:
Position Accountability Trigger Level: 6,000 contracts;
Position Limits: 2,000 contracts for Spot month**
Ticker Symbol
CME Globex Electronic Markets: EHF
CME ClearPort: R
Minimum Price Fluctuation (Tick)
Trading can occur in .0000002 euros per Hungarian forint increments
(6 euros/contract). Also, trades can occur in .0000001 euros per Hungarian
forint increments (3 euros/contract) for HUF/EUR futures intra-currency
spreads executed on the trading floor and electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more
than a specified number of contracts net long or short in all contract months combined (Position
Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group
Market Regulation, information about the nature of the position, trading strategy, and hedging
information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position
Limit: However, a position held in the expiring contract month may not exceed the spot month position
limit on or after the business day one week before termination of trading.
58
2017 FX Product Guide and Calendar
HUF/EUR OPTIONS
Ticker Symbol
Quarterly and serial options: EHU
Minimum Price Fluctuation (Tick)
.0000002 euros per Hungarian forint (6 euros); also, trades may occur
at .0000001 (3 euros), .0000003 (9 euros), .0000005 (15 euros),
.0000007 (21 euros) and .0000009 (27 euros), which are less than five ticks
of premium.
Contract Listings
Quarterly options: The first four months in the March quarterly cycle.
Serial options: Two serial options are listed at any time. Their expirations
precede that of the underlying futures contract by one and two months. For
example, following the expiration of the March futures and options cycle,
April and May serial options on the front June futures contract are still
available for trading. Consequently, the serial option expirations fall in Jan,
Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Weekly options are not
currently listed.
Expiration/Last Trading Day
Quarterly and serial options: Close of trading is on the second Friday
immediately preceding the third Wednesday of the contract month.
59
cmegroup.com/fx
ILS/USD FUTURES
Contract Size
1,000,000 Israeli shekel
Settlement
Physical delivery
Position Accountability/Position Limits:
Position Accountability Trigger Level: 6,000 contracts;
Position Limit: 2,000 contracts for Spot month**
Ticker Symbol
CME Globex Electronic Markets: ILS
CME ClearPort: IS
Minimum Price Fluctuation (Tick)
Trading can occur in $.00001 per Israeli shekel increments ($10.00/
contract). Also, trades can occur in $.000005 per ILS/USD increments
($5.00/contract) for Israeli shekel futures intra-currency spreads executed
electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more
than a specified number of contracts net long or short in all contract months combined (Position
Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group
Market Regulation, information about the nature of the position, trading strategy, and hedging
information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position
Limit: However, a position held in the expiring contract month may not exceed the spot month position
limit on or after the business day one week before termination of trading.
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2017 FX Product Guide and Calendar
ILS/USD OPTIONS
Ticker Symbol
Quarterly and serial options: ILS
Weekly options: IS1-IS5
Minimum Price Fluctuation (Tick)
$.00001 per Israeli shekel = $10.00/contract; also, trades may occur at
$.000005 ($5.00), $.000015 ($15.00), $.000025 ($25.00), $.000035
($35.00) and $.000045 ($45.00), which are less than five ticks of premium.
Contract Listings
Quarterly options: The first four months in the March quarterly cycle.
Serial options: Two serial options are listed at any time. Their expirations
precede that of the underlying futures contract by one and two months. For
example, following the expiration of the March futures and options cycle,
April and May serial options on the front June futures contract are still
available for trading. Consequently, the serial option expirations fall in Jan,
Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Four weekly options
are listed at any time.
Expiration/Last Trading Day
Quarterly and serial options: Close of trading is on the second Thursday
immediately preceding the third Wednesday of the contract month.
Weekly options: Close of trading is on the four nearest Thursdays that are
not also terminations for quarterly and serial options.
61
cmegroup.com/fx
INR/USD FUTURES
Contract Size
5,000,000 Indian rupees
Settlement
Cash-settled
Position Accountability/Position Limits:
Position Accountability Trigger Levels:6,000 contracts;
Position Limit:20,000 contracts for Spot month**
Ticker Symbol
CME Globex Electronic Markets:SIR
CME ClearPort:SIR
Minimum Price Fluctuation (Tick)
$0.01 cents per 100 Indian rupee increments ($5.00 per contract).
Also trades can occur in $0.005 cents per 100 Indian rupee increments
($2.50 per contract) for INR/USD futures intra-currency spreads
executed electronically.
Contract Month Listings
Twelve consecutive calendar months plus four deferred March quarterly
cycle months (Mar, Jun, Sep, Dec)
Last Trading Day
Trading classes at 12:00 p.m. noon Mumbai time two Indian business
days immediately preceding the last Indian business day of the
contract month.
** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more
than a specified number of contracts net long or short in all contract months combined (Position
Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group
Market Regulation, information about the nature of the position, trading strategy, and hedging
information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position
Limit: However, a position held in the expiring contract month may not exceed the spot month position
limit on or after the business day one week before termination of trading.
62
2017 FX Product Guide and Calendar
KRW/USD FUTURES
Contract Size
125,000,000 Korean won
Settlement
Cash-settled
Position Accountability/Position Limits:
Position Accountability Trigger Levels: 6,000 contracts;
Position Limit: 2,000 contracts for Spot month**
Ticker Symbol
CME Globex Electronic Markets: KRW
CME ClearPort: KRW
Minimum Price Fluctuation (Tick)
Trading can occur in $.0000001 per Korean won increments
($12.50/contract).
Contract Month Listings
Thirteen consecutive calendar months plus two deferred March quarterly
cycle contract months
Last Trading Day
Trading ceases at 3:30 p.m. Seoul time on the second business day
immediately preceding the third Wednesday of the contract month
(usually Monday) which would either be 12:30 a.m. (winter) or 1:30 a.m.
CT on the second business day preceding the third Wednesday of the
contract month (usually Monday evening CT).
** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more
than a specified number of contracts net long or short in all contract months combined (Position
Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group
Market Regulation, information about the nature of the position, trading strategy, and hedging
information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position
Limit: However, a position held in the expiring contract month may not exceed the spot month position
limit on or after the business day one week before termination of trading.
63
cmegroup.com/fx
KRW/USD OPTIONS
Ticker Symbol
Monthly options: KRW
Weekly options: KR1-KR5
Minimum Price Fluctuation (Tick)
$.0000001 per Korean won = $12.50/contract
Contract Listings
Monthly options: Twelve consecutive contract months.
Weekly options: Four weekly options are listed at any time.
Expiration/Last Trading Day
Monthly options: Close of trading is the same as the underlying futures
contract. Weekly options: Close of trading is on the four nearest Fridays
that are not also terminations for monthly options.
64
2017 FX Product Guide and Calendar
MXN/USD FUTURES
Contract Size
500,000 Mexican pesos
Settlement
Physical delivery
Position Accountability/Position Limits:
Position Accountability Trigger Level: 6,000 contracts;
Position Limit: 45,000 contracts for Spot month**
Ticker Symbol
CME Globex Electronic Markets: 6M
CME ClearPort: MP
Minimum Price Fluctuation (Tick)
Trading can occur in $.00001 per Mexican peso increments ($5.00/contract)
Contract Month Listings
Thirteen consecutive calendar months plus two deferred March quarterly
cycle contract months
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
**Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more
than a specified number of contracts net long or short in all contract months combined (Position
Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group
Market Regulation, information about the nature of the position, trading strategy, and hedging
information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position
Limit: However, a position held in the expiring contract month may not exceed the spot month
position limit on or after the third business day before the termination of trading.
65
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MXN/USD OPTIONS
Ticker Symbol
Monthly options: Open Outcry: MP; Globex: 6M
Weekly options: 1M-5M
Pricing Conventions and Calculating Cash Premiums
A Mexican peso option price quoted as 10.50 is equivalent to 10.50 x
0.0001 = $.00001 when the price is quoted in full. Similarly, a Mexican
peso option price quoted as 1050 is equivalent to 1050 x 0.000001 =
0.001050 when the price is quoted in full. The cash price of the option is
0.001050 x 500,000 (contract size) = $525.00.
Minimum Price Fluctuation (Tick)
$.00001 per Mexican peso = $5.00/contract
Contract Listings
Monthly options: Twelve consecutive contract months.
Weekly options: Four weekly options are listed at any time.
Expiration/Last Trading Day
Quarterly and serial options: Close of trading is on the second Friday
immediately preceding the third Wednesday of the contract month.
Weekly options: Close of trading is on the four nearest Fridays that are not
also terminations for quarterly and serial options.
66
2017 FX Product Guide and Calendar
PLN/USD FUTURES
Contract Size
500,000 Polish zloty
Settlement
Physical delivery
Position Accountability/Position Limits:
Position Accountability Trigger Levels: 6,000 contracts;
Position Limit: 2,000 contracts for Spot month**
Ticker Symbol
CME Globex Electronic Markets: PLN
CME ClearPort: PZ
Minimum Price Fluctuation (Tick)
Trading can occur in $.00002 per Polish zloty increments ($10.00/
contract). Also, trades can occur in $.00001 per Polish zloty increments
($5.00/contract) for PLN/USD futures intra-currency spreads executed
on the trading floor and electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more
than a specified number of contracts net long or short in all contract months combined (Position
Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group
Market Regulation, information about the nature of the position, trading strategy, and hedging
information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position
Limit: However, a position held in the expiring contract month may not exceed the spot month position
limit on or after the business day one week before termination of trading.
67
cmegroup.com/fx
PLN/USD OPTIONS
Ticker Symbol
Quarterly and serial options: PLZ
Minimum Price Fluctuation (Tick)
$.00002 per Polish zloty = $10.00/contract; also, trades may occur
at $.00001 ($5.00), $.00003 ($15.00), $.00005 ($25.00), $.00007
($35.00) and $.00009 ($45.00), which are less than five ticks of
premium.
Contract Listings
Quarterly options: The first four months in the March quarterly cycle.
Serial options: Two serial options are listed at any time. Their expirations
precede that of the underlying futures contract by one and two months. For
example, following the expiration of the March futures and options cycle,
April and May serial options on the front June futures contract are still
available for trading. Consequently, the serial option expirations fall in Jan,
Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Weekly options are not
currently listed.
Expiration/Last Trading Day
Quarterly and serial options: Close of trading is on the second Friday
immediately preceding the third Wednesday of the contract month.
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2017 FX Product Guide and Calendar
PLN/EUR FUTURES
Contract Size
500,000 Polish zloty
Settlement
Physical delivery
Position Accountability/Position Limits:
Position Accountability Trigger Levels: 6,000 contracts;
Position Limit: 2,000 contracts for Spot month**
Ticker Symbol
CME Globex Electronic Markets: EPZ
CME ClearPort: Z
Minimum Price Fluctuation (Tick)
Trading can occur in .00002 euros per Polish zloty increments (10 euros).
Also, trades can occur in .00001 euros per Polish zloty increments (5
euros) for PLN/EUR futures intra-currency spreads executed on the
trading floor and electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
**Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more
than a specified number of contracts net long or short in all contract months combined (Position
Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group
Market Regulation, information about the nature of the position, trading strategy, and hedging
information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position
Limit: However, a position held in the expiring contract month may not exceed the spot month position
limit on or after the business day one week before termination of trading.
69
cmegroup.com/fx
PLN/EUR OPTIONS
Ticker Symbol
Quarterly and serial options: EPL
Minimum Price Fluctuation (Tick)
.00002 euros per Polish zloty (10 euros); also, trades may occur at
.00001 (5 euros), .00003 (15 euros), .00005 (25 euros), .00007 (35
euros), .00009 (45 euros), which are less than five ticks of premium.
Contract Listings
Quarterly options: The first four months in the March quarterly cycle.
Serial options: Two serial options are listed at any time. Their expirations
precede that of the underlying futures contract by one and two months. For
example, following the expiration of the March futures and options cycle,
April and May serial options on the front June futures contract are still
available for trading. Consequently, the serial option expirations fall in Jan,
Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Weekly options are not
currently listed.
Expiration/Last Trading Day
Quarterly and serial options: Close of trading is on the second Friday
immediately preceding the third Wednesday of the contract month.
70
2017 FX Product Guide and Calendar
RUB/USD FUTURES
Contract Size
2,500,000 Russian rubles
Settlement
Cash-settled
Position Limits:
Position Limits: 60,000 contracts in all months combined;
20,000 contracts for Spot month on week prior to termination.*
Ticker Symbol
CME Globex Electronic Markets: 6R
CME ClearPort: RU
Minimum Price Fluctuation (Tick)
Trading can occur in $.000005 per Russian ruble increments
($12.50/contract).
Contract Month Listings
Twenty months in the March quarterly cycle (Mar, Jun, Sep, Dec)
plus 8 serial months
Last Trading Day
Trading ceases at 11:00 a.m. Moscow time on the fifteenth business day
of the month, or, if not a business day, on the next business day for the
Moscow interbank foreign exchange market.
* Position Limits: Size of position may not exceed the indicated number of contracts, i.e., a finite limit
71
cmegroup.com/fx
RUB/USD OPTIONS
Ticker Symbol
Quarterly and serial options: Open Outcry: RU; Globex: 6R
Weekly options: Open Outcry: RU1-RU5; Globex: 6R1-6R5
Pricing Conventions and Calculating Cash Premiums
A Russian ruble option price quoted as 4.3 is equivalent to 4.3 x 0.0001
= 0.00043 when the price is quoted in full. The cash price of the option is
0.00043 x 2,500,000 (contract size) = $1,075.
Minimum Price Fluctuation (Tick)
$.000005 per Russian ruble = $12.50/contract.
Contract Listings
Monthly options: Twelve consecutive contract months.
Weekly options: Four weekly options are listed at any time.
Expiration/Last Trading Day
Monthly options: Close of trading is the same as the underlying futures
contract. Weekly options: Close of trading is on the four nearest Fridays
that are not also terminations for monthly options.
72
2017 FX Product Guide and Calendar
USD/CLP FUTURES
Contract Size
100,000 U.S. dollars
Settlement
Cash Settled
Position Accountability/Position Limits:
Position Limit: 10,000 contracts in all months combined
Position Limit: 5,000 contracts for Spot month*
Ticker Symbol
CHL
Minimum Price Fluctuation (Tick)
Trading can occur in 0.01 Chilean pesos per U.S. dollar increments
(1,000 CLP/contracts)
Contract Month Listings
Twelve consecutive calendar month contracts plus a second year in the
March quarterly cycle
Last Trading Day
Trading ceases at 9:15 a.m. Chicago time on the last Santiago business
day of the month preceding the expiring contract month.
* Position Limits: Size of position may not exceed the indicated number of contracts, i.e., a finite limit
73
cmegroup.com/fx
USD/CNH FUTURES
Contract Size
100,000 U.S. dollars
Settlement
Physical delivery
Position Accountability/Position Limits:
Position Accountability Trigger Levels: 10,000 contracts;
Position Limit: 5,000 contracts for Spot month**
Ticker Symbol
CME Globex Electronic Markets: CNH
CME ClearPort: CNH
Minimum Price Fluctuation (Tick)
Trading can occur in .0001 Chinese renminbi per U.S. dollar increments
(10 RMB/contract). Also, trades can occur in .00005 Chinese renminbi
per U.S. dollar increments (5 RMB/contract) for USD/CNH futures intracurrency spreads executed electronically.
Contract Month Listings
Thirteen consecutive calendar months plus eight deferred March
quarterly cycle contract months
Last Trading Day
Trading ceases at 11:00 a.m. Hong Kong time on the second Hong Kong
business day immediately preceding the third Wednesday of the contract
month (i.e., in Chicago, 9:00 p.m. CT on Sunday night during the winter
and 10:00 p.m. CT on Sunday night during the summer.)
** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more
than a specified number of contracts net long or short in all contract months combined (Position
Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group
Market Regulation, information about the nature of the position, trading strategy, and hedging
information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position
Limit: However, a position held in the expiring contract month may not exceed the spot month position
limit on or after the business day one week before termination of trading.
74
2017 FX Product Guide and Calendar
USD/TRY FUTURES
Contract Size
200,000 U.S. dollars
Settlement
Physical delivery
Position Accountability/Position Limits:
Position Accountability Trigger Levels: 6,000 futures-equivalent contracts;
Position Limit: 2,000 futures-equivalent contracts for Spot month**
Ticker Symbol
TRY
Minimum Price Fluctuation (Tick)
Trading can occur in .0001 Turkish lira per U.S. dollar increments
(20 lira). Also, trades can occur in multiples of .00005 Turkish lira
per U.S. dollar increments (10 lira) for USD/TRY intra-currency
spreads executed electronically.
Contract Month Listings
Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 12:30 a.m. CT on the business day immediately
preceding the third Wednesday of the contract month (usually early
on Tuesday morning CT, which is 8:30 a.m. Istanbul/Ankara time
on Tuesday).
**Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more
than a specified number of contracts net long or short in all contract months combined (Position
Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group
Market Regulation, information about the nature of the position, trading strategy, and hedging
information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position
Limit: However, a position held in the expiring contract month may not exceed the spot month position
limit on or after the business day one week before termination of trading.
75
cmegroup.com/fx
USD/ZAR FUTURES
Contract Size
100,000 U.S. dollars
Settlement
Physical delivery
Position Accountability/Position Limits:
Position Accountability Trigger Levels: 6,000 contracts;
Position Limit: 20,000 contracts for Spot month**
Ticker Symbol
ZAR
Minimum Price Fluctuation (Tick)
Trading can occur in .0001 South African rand per U.S. dollar increments
(10 ZAR/contract). Also, trades can occur in .00005 South African rand
per U.S. dollar increments (5 ZAR/contract) for USD/ZAR futures intracurrency spreads executed electronically.
Contract Month Listings
Thirteen consecutive calendar months plus four deferred March quarterly
cycle contract months
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
**Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more
than a specified number of contracts net long or short in all contract months combined (Position
Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group
Market Regulation, information about the nature of the position, trading strategy, and hedging
information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position
Limit: However, a position held in the expiring contract month may not exceed the spot month position
limit on or after the business day one week before termination of trading.
76
2017 FX Product Guide and Calendar
ZAR/USD FUTURES
Contract Size
500,000 South African rand
Settlement
Physical delivery
Position Accountability/Position Limits:
Position Accountability Trigger Levels: 6,000 futures-equivalent contracts;
Position Limit: 20,000 futures-equivalent contracts for Spot month**
Ticker Symbol
CME Globex Electronic Markets: 6Z
CME ClearPort: RA
Minimum Price Fluctuation (Tick)
Trading can occur in $.000025 per South African rand
increments ($12.50/contract).
Contract Month Listings
Thirteen consecutive calendar months plus two deferred March quarterly
cycle contract months
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
**Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more
than a specified number of contracts net long or short in all contract months combined (Position
Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group
Market Regulation, information about the nature of the position, trading strategy, and hedging
information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position
Limit: However, a position held in the expiring contract month may not exceed the spot month position
limit on or after the business day one week before termination of trading.
77
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ZAR/USD OPTIONS
Ticker Symbol
Monthly options: RA
Weekly options: 1N-5N
Pricing Conventions and Calculating Cash Premiums
A South African rand option price quoted as 11.75 is equivalent to
11.75 x 0.0001 = 0.001175 when the price is quoted in full. Similarly, a
South African rand option price quoted as 1175 is equivalent to 1175 x
0.000001 = 0.001175 when the price is quoted in full. The cash price of
the option is 0.001175 x 500,000 (contract size) = $587.50.
Minimum Price Fluctuation (Tick)
$.000025 per South African rand = $12.50/contract; trades may occur at
$.0000125 ($6.25).
Contract Listings
Monthly options: Twelve consecutive contract months.
Weekly options: Four weekly options are listed at any time.
Expiration/Last Trading Day
Monthly options: Close of trading is on the second Friday immediately
preceding the third Wednesday of the contract month.
Weekly options: Close of trading is on the four nearest Fridays that are not
also terminations for monthly options.
78
2017 FX Product Guide and Calendar
E-MICROS & E-MINIS
FX FUTURES CONTRACTS
•
•
•
•
•
•
•
•
•
•
E-MICRO AUD/USD
E-MICRO CAD/USD E-MINI EUR/USD E-MICRO EUR/USD
E-MICRO GBP/USD E-MICRO INR/USD E-MINI JPY/USD
E-MICRO JPY/USD
E-MICRO CHF/USD
E-MICRO USD/CNH 80
81
82
83
84
85
86
87
88
89
79
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E-MICRO & E-MINIS
FX FUTURES CONTRACTS
E-MICRO AUD/USD FUTURES
Contract Size
10,000 Australian dollars
Settlement
Physical Delivery
Position Accountability
60,000 E-micro contracts
Ticker Symbol
CME Globex Electronic Markets: M6A
CME ClearPort: M6A
Minimum Price Fluctuation (Tick)
0.0001 USD/AUD (= US$1.00)
Contract Value
If USD/AUD = 0.6600, then contract = US$6,600
(= 10,000 AUD x US$0.6600/AUD)
Contract Month Listings
Two months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
80
2017 FX Product Guide and Calendar
E-MICRO CAD/USD FUTURES
Contract Size
10,000 Canadian dollars
Settlement
Physical delivery
Position Accountability
60,000 E-micro contracts
Ticker Symbol
CME Globex Electronic Markets: MCD
CME ClearPort: MCD
Minimum Price Fluctuation (Tick)
0.0001 USD/CAD (= US$1.00)
Contract Value
If USD/CAD = .9524, then contract = $9,524 (=10,000 CAD x $.9524/CAD)
Contract Month Listings
Two months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
81
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E-MINI EUR/USD FUTURES
Contract Size
62,500 euros
Settlement
Physical delivery
Position Accountability
20,000 contracts
Ticker Symbol
CME Globex Electronic Markets: E7
CME ClearPort: E7
Minimum Price Fluctuation (Tick)
$.0001 per euro increments ($6.25/contract)
Contract Month Listings
Two months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
82
2017 FX Product Guide and Calendar
E-MICRO EUR/USD FUTURES
Contract Size
12,500 euros
Settlement
Physical delivery
Position Accountability
100,000 E-micro contracts
Ticker Symbol
CME Globex Electronic Markets: M6E
CME ClearPort: M6E
Minimum Price Fluctuation (Tick)
0.0001 USD/EUR (= US$1.25)
Contract Value
If USD/EUR = 1.3000, then contract = $16,250
(= €12,500 x $1.3000/€)
Contract Month Listings
Two months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
83
cmegroup.com/fx
E-MICRO GBP/USD FUTURES
Contract Size
6,250 British pounds
Settlement
Physical delivery
Position Accountability
100,000 E-micro contracts
Ticker Symbol
CME Globex Electronic Markets: M6B
CME ClearPort: M6B
Minimum Price Fluctuation (Tick)
0.0001 USD/GBP (= US$0.625)
Contract Value
If USD/GBP = 1.5000, then contract = $9,375
(= £6,250 x $1.5000/£)
Contract Month Listings
Two months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
84
2017 FX Product Guide and Calendar
E-MICRO INR/USD FUTURES
Contract Size
1,000,000 Indian rupees
Settlement
Cash-settled
Position Accountability/Position Limits:
Position Accountability Trigger Levels:30,000 E-micro contracts;
Position Limit: 100,000 E-micro contracts**
Ticker Symbol
CME Globex Electronic Markets:MIR
CME ClearPort:MIR
Minimum Price Fluctuation (Tick)
$0.01 cents per 100 Indian rupee increments ($1.00 per contract). Also
trades can occur in $0.005 cents per 100 Indian rupee increments ($0.50 per
contract) for INR/USD futures intra-currency spreads executed electronically.
Contract Value
If USD/INR = 182.34 U.S. cents per 100 rupee, then contract = $18,234
(=1,000,000 INR x 0.018234 USD/INR)
Contract Month Listings
Twelve consecutive contract months
Last Trading Day
Trading classes at 12:00 p.m. noon Mumbai time two Indian business
days immediately preceding the last Indian business day of the
contract month.
**Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more
than a specified number of contracts net long or short in all contract months combined (Position
Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group
Market Regulation, information about the nature of the position, trading strategy, and hedging
information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position
Limit: However, a position held in the expiring contract month may not exceed the spot month position
limit on or after the business day one week before termination of trading.
85
cmegroup.com/fx
E-MINI JPY/USD FUTURES
Contract Size
6,250,000 Japanese yen
Settlement
Physical delivery
Position Accountability
20,000 contracts
Ticker Symbol
CME Globex Electronic Markets: J7
CME ClearPort: J7
Minimum Price Fluctuation (Tick)
$.000001 per Japanese yen increments ($6.25/contract)
Contract Month Listings
Two months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
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2017 FX Product Guide and Calendar
E-MICRO JPY/USD FUTURES
Contract Size
1,250,000 Japanese yen
Settlement
Physical delivery
Position Accountability
100,000 E-micro contracts
Ticker Symbol
CME Globex Electronic Markets: MJY
ClearPort: MJY
Minimum Price Fluctuation (Tick)
0.000001 USD/JPY (= US$1.25)
Contract Value
If USD/JPY = .011765, then contract = $14,706 (= ¥ 1,250,000 x $.011765/¥)
Contract Month Listings
Two months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday)
87
cmegroup.com/fx
E-MICRO CHF/USD FUTURES
Contract Size
12,500 Swiss francs
Settlement
Physical delivery
Position Accountability
100,000 E-micro contracts
Ticker Symbol
CME Globex Electronic Markets: MSF
CME ClearPort: MSF
Minimum Price Fluctuation (Tick)
0.0001 USD/CHF (= US$1.25)
Contract Value
If USD/CHF = 1.0256, then contract = $12,820 (= 12,500 CHF x $1.0256/CHF)
Contract Month Listings
Two months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 9:16 a.m. CT on the second business day immediately
preceding the third Wednesday of the contract month (usually Monday).
88
2017 FX Product Guide and Calendar
E-MICRO USD/CNH FUTURES
Contract Size
10,000 U.S. dollars
Settlement
Physical delivery
Position Accountability/Position Limits:
Position Accountability Trigger Levels: 100,000 E-micro contracts;
Position Limit: 50,000 E-micro contracts**
Ticker Symbol
CME Globex Electronic Markets: MNH
CME ClearPort: MNH
Minimum Price Fluctuation (Tick)
0.0001 CNH/USD (= 1 RMB)
Contract Value
If CNH/USD = 6.483, then contract = 64,830 CNH (= $10,000 x 6.483
CNH/USD)
Contract Month Listings
Twelve consecutive contract months
Last Trading Day
Trading ceases at 11:00 a.m. Hong Kong time on the second Hong Kong
business day immediately preceding the third Wednesday of the contract
month (i.e., in Chicago, 9:00 p.m. CT on Sunday night during the winter
and 10:00 p.m. CT on Sunday night during the summer.
**Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more
than a specified number of contracts net long or short in all contract months combined (Position
Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group
Market Regulation, information about the nature of the position, trading strategy, and hedging
information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position
Limit: However, a position held in the expiring contract month may not exceed the spot month position
limit on or after the business day one week before termination of trading.
89
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90
2017 FX Product Guide and Calendar
INDEXES
FX FUTURES CONTRACTS
• CME BLOOMBERG DOLLAR SPOT INDEX
92
91
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INDEXES
FX FUTURES CONTRACTS
CME Bloomberg Dollar Spot Index (BDI) FUTURES
Contract Size
$100 x Bloomberg Dollar Spot IndexSM (BBDXY), e.g., if BBDXY =
1,241.27, then futures contract value = $124,127.00 (= $100 x 1,241.27)
Settlement
Financially settled
Position Accountability/Position Limits
Position Limit: 30,000 contracts in all months combined
Position Limit: 15,000 contracts for Spot month*
Ticker Symbol
CME Globex Electronic Markets: BDI
Minimum Price Fluctuation (Tick)
0.100 index points ($10.00) for outrights; 0.050 index points ($5.00) for
calendar spreads.
Contract Month Listings
Four months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day
Trading ceases at 4:00 p.m.London time on the third business day
immediately preceding the third Wednesday of the contract month
(usually Friday).
* Position Limits: Size of position may not exceed the indicated number of contracts, i.e., a finite limit.
92
2017 FX Product Guide and Calendar
FX FUTURES AND OPTIONS:
2017 CALENDAR
A month-by-month guide to 2017 contract expiration
and delivery dates, economic releases and CME Group
holidays.
Please note: 2017 dates are subject to change.
93
cmegroup.com/fx
JANUARY 2017
SUN
1
MON
TUE
MONTH CODE: F
WED
THU
FRI
SAT
❖
7
2
3
4
5
6
2/363
3/362
4/361
5/360
6/359
Unemployment International
Claims
Trade
Factory Orders
Employment
8
15
22
9
10
11
12 
13 ▲ ◆ ✾ 
9/356
10/355
11/354
12/353
13/352
ECB Meeting
Unemployment Retail Sales
Claims
PPI
16
17
18 ✜
19 
20 ▲
16/349
17/348
18/347
19/346
20/345
CPI
Industrial
Production
and Capacity
Utilization
Bank of Canada
Housing Starts
Unemployment
Claims
ECB Meeting
✖
23
24
25
26 
27 ▲
23/342
24/341
25/340
26/339
27/338
14
21
28
Durable Goods
New Home
Sales
GDP
Unemployment
Claims
Consumer
Confidence
29
30
31 
30/335
31/334
Personal
Income
FOMC Meeting
Purchasing
Managers of
Chicago (PMI)
Information from public sources. CME Group is not responsible for its accuracy or any changes.
CME Group Holiday
▲ Weekly Currency Options
Serial Currency Options
 Serial ILS/USD Options
❖Monthly: MXN/USD Options,
ZAR/USD Options
◆Monthly: MXN/USD Futures,
ZAR/USD Futures
Monthly: CNY/USD Futures and
Options, CNY/EUR Futures and
Options, USD/CNH Futures, E-micro
USD/CNH Futures
 Weekly ILS/USD Options
94
✾ Monthly KRW/USD Futures and Options
✜ Delivery MXN/USD Futures
Delivery ZAR/USD Futures
Monthly: BRL/USD Futures and Options,
USD/CLP Futures
Weekly BRL/USD Options
Monthly RUB/USD Futures and Options
✖Delivery USD/CNH Futures, Delivery
E-micro USD/CNH Futures
2017 FX Product Guide and Calendar
MONTH CODE: G
SUN
5
MON
FEBRUARY 2017
TUE
WED
THU
19
SAT
4
2
3
32/333
33/332
34/331
FOMC Meeting
ECB Meeting
Unemployment Factory Orders
Claims
Employment
6
7
8
9
10 ▲
37/328
38/327
39/326
40/325
41/324
International
Trade
12
FRI
❖
1
11
Unemployment
Claims
13 ◆ ✾ 
14
15
16 
17 ▲
44/321
45/320
46/319
47/318
48/317
PPI
Retail Sales
CPI
Industrial
Production
and Capacity
Utilization
ECB Meeting
Housing Starts
Unemployment
Claims
20
21
22
23 
24 ▲
51/314
52/313
53/312
54/311
55/310
✜
✖
18
25
Unemployment New Home
Claims
Sales
Consumer
Confidence
26
27
28 
58/307
59/306
Durable Goods
GDP
Purchasing
Managers of
Chicago (PMI)
Information from public sources. CME Group is not responsible for its accuracy or any changes.
CME Group Holiday
▲ Weekly Currency Options
Serial Currency Options
 Serial ILS/USD Options
❖Monthly: MXN/USD Options,
ZAR/USD Options
◆Monthly: MXN/USD Futures,
ZAR/USD Futures
Monthly: CNY/USD Futures and
Options, CNY/EUR Futures and
Options, USD/CNH Futures, E-micro
USD/CNH Futures
 Weekly ILS/USD Options
✾ Monthly KRW/USD Futures and Options
✜ Delivery MXN/USD Futures
Delivery ZAR/USD Futures
 Monthly: BRL/USD Futures and Options,
USD/CLP Futures
Weekly BRL/USD Options
Monthly RUB/USD Futures and Options
✖Delivery USD/CNH Futures, Delivery
E-micro USD/CNH Futures
95
cmegroup.com/fx
MARCH 2017
SUN
MON
MONTH CODE: H
TUE
WED
FRI
THU
1
2
3 ❖
60/305
61/304
62/303
SAT

4
Personal
Unemployment
Income
Claims
Bank of Canada
5
12
6
7
8
9
10 ▲
65/300
66/299
67/298
68/297
69/296
Factory Orders
International
Trade
13
14 ● w
15
16 
17 ▲
73/292
74/291
75/290
76/289
PPI
FOMC Meeting
Retail Sales
CPI
FOMC Meeting
Housing Starts Industrial
Unemployment Production
and Capacity
Claims
Utilization
20
21
22
23 
24 ▲
79/286
80/285
81/284
82/283
83/282
ECB Meeting
New Home
Durable Goods
Sales
Unemployment
Claims
ECB Meeting
◆✾
72/293
19
26
11
Unemployment Employment
Claims
ECB Meeting
X
27
28
29
30 
31 ▲ 
86/279
87/278
88/277
89/276
90/275
Consumer
Confidence
GDP
Personal
Unemployment Income
Claims
Purchasing
Managers of
Chicago (PMI)
18
25
Information from public sources. CME Group is not responsible for its accuracy or any changes.
CME Group Holiday
❖Monthly: MXN/USD Options,
ZAR/USD Options
Weekly BRL/USD Options
 Weekly ILS/USD Options
▲ Weekly Currency Options
◆Monthly: MXN/USD Futures, ZAR/USD
Futures
(expiration at 9:16 a.m. CT)
✾Monthly KRW/USD Futures and Options
(expiration at 1:30 a.m. CT)
Monthly: CNY/USD Futures and Options,
CNY/EUR Futures and Options, USD/CNH
Futures, E-micro USD/CNH Futures
(expiration at 8:00 p.m. CT)
 Quarterly ILS/USD Options
 Quarterly Currency Options
96
 Monthly BRL/USD Futures and Options,
USD/CLP Futures (expiration at
9:15 a.m. CT)
X Delivery Currency Futures
wQuarterly: USD/TRY Futures, EUR/TRY
Futures
(expiration at 12:30 a.m. CT)
 Weekly RUB/USD Options
Monthly RUB/USD Futures and Options
(expiration at 3:00 a.m. CT)
● Quarterly Futures: Standard: CAD/USD;
E-micro: CAD/USD
(expiration at 9:16 a.m. CT)
Quarterly Futures: Standard: AUD/USD,
CHF/USD, CZK/USD, Bloomberg Dollar
Spot Index, EUR/USD, GBP/USD, HUF/
USD, ILS/USD, JPY/USD, NZD/USD, NOK/
USD, PLN/USD, SEK/USD; E-mini: EUR/
USD, JPY/USD; E-micro: AUD/USD, EUR/
USD, GBP/USD, CHF/USD, JPY/USD; Cross
Rate Futures (expiration at 9:16 a.m. CT)
2017 FX Product Guide and Calendar
MONTH CODE: J
SUN
APRIL 2017
MON
TUE
WED
THU
FRI
SAT
1
2
9
16
3
4
5
6
7
93/272
94/271
95/270
96/269
97/268
International
Trade
Factory Orders
ECB Meeting
Unemployment Employment
Claims
10
11
12
13  ▲
14
100/265
101/264
102/263
103/262
104/261
Bank of Canada
Retail Sales
PPI
Unemployment CPI
Claims
20 
21 ▲
110/255
111/254
17 ◆ ✾ 
18
19 ✜
107/258
108/257
109/256
✖
Housing Starts
Industrial
Production
and Capacity
Utilization
23
❖
8
15
22
Unemployment
Claims
24
25
26
27 
28 ▲ 
114/251
115/250
116/249
117/248
118/247
New Home
Sales
Consumer
Confidence
Durable Goods
Unemployment
Claims
ECB Meeting
GDP
Purchasing
Managers of
Chicago (PMI)
29
30
Information from public sources. CME Group is not responsible for its accuracy or any changes.
CME Group Holiday
▲ Weekly Currency Options
Serial Currency Options
 Serial ILS/USD Options
❖Monthly: MXN/USD Options,
ZAR/USD Options
◆Monthly: MXN/USD Futures,
ZAR/USD Futures
Monthly: CNY/USD Futures and
Options, CNY/EUR Futures and
Options, USD/CNH Futures, E-micro
USD/CNH Futures
 Weekly ILS/USD Options
✾ Monthly KRW/USD Futures and Options
✜ Delivery MXN/USD Futures
Delivery ZAR/USD Futures
 Monthly: BRL/USD Futures and Options,
USD/CLP Futures
Weekly BRL/USD Options
Monthly RUB/USD Futures and Options
✖Delivery USD/CNH Futures, Delivery
E-micro USD/CNH Futures
97
cmegroup.com/fx
MAY 2017
SUN
7
MON
MONTH CODE: K
TUE
WED
THU
FRI
SAT
❖
6
1
2
3
4
5
121/244
122/243
123/242
124/241
125/240
Personal
Income
FOMC Meeting
FOMC Meeting
ECB Meeting
International
Employment
Trade
Factory Orders
Unemployment
Claims
8
9
10
11 
12 ▲
128/237
129/236
130/235
131/234
132/233
13
PPI
Retail Sales
Unemployment CPI
Claims
14
16
17 ✜
18 
19 ▲
136/229
137/228
138/227
139/226
Housing Starts
Industrial
Production
and Capacity
Utilization
ECB Meeting
Unemployment
Claims
22
23
24
25 
26 ▲
142/223
143/222
144/221
145/220
146/219
New Home
Sales
Bank of Canada Unemployment Durable Goods
Claims
GDP
29
30
31 
149/216
150/215
151/214
Personal
Income
Purchasing
Managers of
Chicago (PMI)
Consumer
Confidence
15 ◆ ✾
135/230
21
28

✖
20
27
Information from public sources. CME Group is not responsible for its accuracy or any changes.
CME Group Holiday
▲ Weekly Currency Options
Serial Currency Options
 Serial ILS/USD Options
❖Monthly: MXN/USD Options,
ZAR/USD Options
◆Monthly: MXN/USD Futures,
ZAR/USD Futures
Monthly: CNY/USD Futures and
Options, CNY/EUR Futures and
Options, USD/CNH Futures, E-micro
USD/CNH Futures
 Weekly ILS/USD Options
98
✾ Monthly KRW/USD Futures and Options
✜ Delivery MXN/USD Futures
Delivery ZAR/USD Futures
Monthly: BRL/USD Futures and Options,
USD/CLP Futures
Weekly BRL/USD Options
Monthly RUB/USD Futures and Options
✖Delivery USD/CNH Futures, Delivery
E-micro USD/CNH Futures
2017 FX Product Guide and Calendar
MONTH CODE: M
SUN
MON
JUNE 2017
TUE
WED
THU
FRI
1
2▲
152/213
153/212
SAT
3
Unemployment International
Trade
Claims
Employment
4
5
6
7
8
9 ❖
156/209
157/208
158/207
159/206
160/205
Factory Orders
11
18
12
13
14
15 
16 ▲
163/202
164/201
165/200
166/199
167/198
PPI
FOMC Meeting
Retail Sales
CPI
FOMC Meeting
Unemployment Housing Starts
Claims
Industrial
Production
and Capacity
Utilization
20 ● w
21 X
22 
23 ▲
171/194
172/193
173/192
174/191
ECB Meeting
Unemployment New Home
Sales
Claims
ECB Meeting
19
◆✾
170/195
25

26
27
28
29 
30 ▲ 
177/188
178/187
179/186
180/185
181/184
Consumer
Confidence
GDP
Personal
Unemployment Income
Claims
Purchasing
Managers of
Chicago (PMI)
Durable Goods
10
Unemployment
Claims
ECB Meeting
17
24
Information from public sources. CME Group is not responsible for its accuracy or any changes.
❖Monthly: MXN/USD Options,
ZAR/USD Options
Weekly BRL/USD Options
 Weekly ILS/USD Options
▲ Weekly Currency Options
◆Monthly: MXN/USD Futures, ZAR/USD
Futures (expiration at 9:16 a.m. CT)
✾Monthly KRW/USD Futures and Options
(expiration at 1:30 a.m. CT)
Monthly: CNY/USD Futures and
Options, CNY/EUR Futures and Options,
USD/CNH Futures, E-micro USD/CNH
Futures (expiration at 8:00 p.m. CT)
 Quarterly ILS/USD Options
 Quarterly Currency Options
 Monthly: BRL/USD Futures and Options,
USD/CLP Futures (expiration at
9:15 a.m. CT)
X Delivery Currency Futures
wQuarterly: USD/TRY Futures, EUR/TRY
Futures (expiration at 12:30 a.m. CT)
 Weekly RUB/USD Options
Monthly RUB/USD Futures and Options
(expiration at 3:00 a.m. CT)
● Quarterly Futures: Standard:
CAD/USD; E-micro: CAD/USD
(expiration at 9:16 a.m. CT)
Quarterly Futures: Standard: AUD/USD,
CHF/USD, CZK/USD, Bloomberg Dollar
Spot Index, EUR/USD, GBP/USD, HUF/
USD, ILS/USD, JPY/USD, NZD/USD,
NOK/USD, PLN/USD, SEK/USD;
E-mini: EUR/USD, JPY/USD; E-micro:
AUD/USD, EUR/USD, GBP/USD,
CHF/USD, JPY/USD; Cross Rate Futures
(expiration at 9:16 a.m. CT)
99
cmegroup.com/fx
JULY 2017
SUN
MON
MONTH CODE: N
TUE
WED
THU
FRI
SAT
1
2
9
3
4
5
6
7
184/181
185/180
186/179
187/178
188/177
Factory Orders
ECB Meeting
International
Employment
Trade
Unemployment
Claims
❖
10
11
12
13 
14 ▲
191/174
192/173
193/172
194/171
195/170
8
15
Bank of Canada PPI
Retail Sales
Unemployment CPI
Claims
Industrial
Production
and Capacity
Utilization
16
23
30
17 ◆ ✾ 
18
19 ✜
20 
21 ▲
198/167
199/166
200/165
201/164
202/163
Housing Starts
Unemployment
Claims
ECB Meeting
✖
24
25
26
27 
28 ▲
205/160
206/159
207/158
208/157
209/156
FOMC Meeting
New Home
Sales
FOMC Meeting
Consumer
Confidence
Durable Goods GDP
Unemployment
Claims
22
29
31 
212/153
Purchasing
Managers of
Chicago (PMI)
Information from public sources. CME Group is not responsible for its accuracy or any changes.
CME Group Holiday
▲ Weekly Currency Options
Serial Currency Options
 Serial ILS/USD Options
❖Monthly: MXN/USD Options,
ZAR/USD Options
◆Monthly: MXN/USD Futures,
ZAR/USD Futures
Monthly: CNY/USD Futures and
Options, CNY/EUR Futures and
Options, USD/CNH Futures, E-micro
USD/CNH Futures
 Weekly ILS/USD Options
100
✾ Monthly KRW/USD Futures and Options
✜ Delivery MXN/USD Futures
Delivery ZAR/USD Futures
 Monthly: BRL/USD Futures and Options,
USD/CLP Futures
Weekly BRL/USD Options
Monthly RUB/USD Futures and Options
✖Delivery USD/CNH Futures, Delivery
E-micro USD/CNH Futures
2017 FX Product Guide and Calendar
MONTH CODE: Q
SUN
6
MON
AUGUST 2017
TUE
WED
THU
FRI
SAT
❖
5
1
2
3
4
213/152
214/151
215/150
216/149
Personal
Income
ECB Meeting
Factory Orders International
Unemployment Trade
Claims
Employment
7
8
9
10 
11 ▲
219/146
220/145
221/144
222/143
223/142
12
CPI
PPI
Unemployment
Claims
13
20
27
14 ◆ ✾ 
15
16 ✜
17 
18 ▲
226/139
227/138
228/137
229/136
230/135
Retail Sales
Housing Starts
Industrial
Production
and Capacity
Utilization
Unemployment
Claims
21
22
23
24 
25 ▲
233/132
234/131
235/130
236/129
237/128
New Home
Sales
Unemployment Durable Goods
Claims
✖
28
29
30
31  
240/125
241/124
242/123
243/122
GDP
Consumer
Confidence
Personal
Income
Unemployment
Claims
Purchasing
Managers of
Chicago (PMI)
19
26
Information from public sources. CME Group is not responsible for its accuracy or any changes.
Serial Currency Options
❖Monthly: MXN/USD Options,
ZAR/USD Options
◆Monthly: MXN/USD Futures,
ZAR/USD Futures
Monthly: CNY/USD Futures and
Options, CNY/EUR Futures and Options,
USD/CNH Futures, E-micro USD/CNH
Futures
 Weekly ILS/USD Options
▲ Weekly Currency Options
 Serial ILS/USD Options
✾ Monthly KRW/USD Futures and Options
✜ Delivery MXN/USD Futures
Delivery ZAR/USD Futures
 Monthly: BRL/USD Futures and Options,
USD/CLP Futures
Weekly BRL/USD Options
Monthly RUB/USD Futures and Options
✖Delivery USD/CNH Futures, Delivery
E-micro USD/CNH Futures
101
cmegroup.com/fx
SEPTEMBER 2017
SUN
MON
TUE
MONTH CODE: U
WED
THU
FRI
SAT
2
1▲
244/121
Employment
3
4
5
6
7
8 ❖
247/118
248/117
249/116
250/115
251/114

9
Factory Orders International
Unemployment
Trade
Claims
Bank of Canada ECB Meeting
10
17
11
12
13
14 
15 ▲
254/111
255/110
256/109
257/108
258/107
PPI
Retail Sales
CPI
Unemployment Industrial
Production
Claims
and Capacity
Utilization
19 ● w
20 X
21 
22 ▲
262/103
263/102
264/101
265/100
Housing Starts
FOMC Meeting
FOMC Meeting
ECB Meeting
Unemployment
Claims
ECB Meeting
25
26
27
28 
29 ▲ 
268/97
269/96
270/95
271/94
272/93
New Home
Sales
Durable Goods
Consumer
Confidence
GDP
Personal
Unemployment Income
Claims
Purchasing
Managers of
Chicago (PMI)
18
◆✾
261/104
24
16
23
30
Information from public sources. CME Group is not responsible for its accuracy or any changes.
CME Group Holiday
❖Monthly: MXN/USD Options,
ZAR/USD Options
Weekly BRL/USD Options
 Weekly ILS/USD Options
▲ Weekly Currency Options
◆Monthly: MXN/USD Futures, ZAR/USD
Futures
(expiration at 9:16 a.m. CT)
✾Monthly KRW/USD Futures and Options
(expiration at 1:30 a.m. CT)
Monthly: CNY/USD Futures and Options,
CNY/EUR Futures and Options, USD/CNH
Futures, E-micro USD/CNH Futures
(expiration at 8:00 p.m. CT)
 Quarterly ILS/USD Options
 Quarterly Currency Options
102
 Monthly BRL/USD Futures and Options,
USD/CLP Futures (expiration at
9:15 a.m. CT)
X Delivery Currency Futures
wQuarterly: USD/TRY Futures, EUR/TRY
Futures
(expiration at 12:30 a.m. CT)
 Weekly RUB/USD Options
Monthly RUB/USD Futures and Options
(expiration at 3:00 a.m. CT)
● Quarterly Futures: Standard: CAD/USD;
E-micro: CAD/USD
(expiration at 9:16 a.m. CT)
Quarterly Futures: Standard: AUD/USD,
CHF/USD, CZK/USD, Bloomberg Dollar
Spot Index, EUR/USD, GBP/USD, HUF/
USD, ILS/USD, JPY/USD, NZD/USD, NOK/
USD, PLN/USD, SEK/USD; E-mini: EUR/
USD, JPY/USD; E-micro: AUD/USD, EUR/
USD, GBP/USD, CHF/USD, JPY/USD; Cross
Rate Futures (expiration at 9:16 a.m. CT)
2017 FX Product Guide and Calendar
MONTH CODE: V
SUN
1
8
OCTOBER 2017
MON
TUE
WED
THU
FRI
2
3
4
5
6
275/90
276/89
277/88
278/87
279/86
ECB Meeting
International
Employment
Trade
Factory Orders
Unemployment
Claims
❖
9✺
10
11
12 
13 ▲
282/83
283/82
284/81
285/80
286/79
SAT
7
14
Retail Sales
PPI
Unemployment CPI
Claims
15
17
18 ✜
19 
20 ▲
290/75
291/74
292/73
293/72
Industrial
Production
and Capacity
Utilization
Housing Starts
Unemployment
Claims
23
24
25
26 
27 ▲
296/69
297/68
298/67
299/66
300/65
16 ◆ ✾
289/76
22

✖
21
28
New Home
Unemployment GDP
Sales
Claims
Durable Goods ECB Meeting
Consumer
Confidence
Bank of Canada
29
30
31 
303/62
304/61
Personal
Income
FOMC
Purchasing
Managers of
Chicago (PMI)
Information from public sources. CME Group is not responsible for its accuracy or any changes.
Serial Currency Options
✾ Monthly KRW/USD Futures and Options
✜ Delivery MXN/USD Futures
❖Monthly: MXN/USD Options,
ZAR/USD Options
Delivery ZAR/USD Futures
Monthly: CNY/USD Futures and
Options, CNY/EUR Futures and Options, Monthly: BRL/USD Futures and Options,
USD/CLP Futures
USD/CNH Futures, E-micro USD/CNH
Weekly BRL/USD Options
Futures
✺ Floor Currencies and Interest Rates­–
 Weekly ILS/USD Options
closed
▲ Weekly Currency Options
Floor Agriculturals and Equities –
◆Monthly: MXN/USD Futures,
normal day
ZAR/USD Futures
Monthly RUB/USD Futures and Options
 Serial ILS/USD Options
✖Delivery USD/CNH Futures, Delivery
E-micro USD/CNH Futures
103
cmegroup.com/fx
NOVEMBER 2017
SUN
5
12
19
MON
TUE
MONTH CODE: X
WED
THU
FRI
SAT
❖
4
1
2
3
305/60
306/59
307/58
FOMC Meeting
Unemployment International
Claims
Trade
Factory Orders
Employment
6
7
8
9
10 ▲
310/55
311/54
312/53
313/52
314/51
ECB Meeting
Unemployment
Claims
13 ◆ ✾ 
14
15
16 
17 ▲
317/48
318/47
319/46
320/45
321/44
PPI
Retail Sales
CPI
Unemployment Housing Starts
Claims
Industrial
Production
and Capacity
Utilization
20
21
22 
23
24 ▲
324/41
325/40
326/39
327/38
328/37
✜✖
11
18
25
Durable Goods
Unemployment
Claims
ECB Meeting
26
27
28
29
30  
331/34
332/33
333/32
334/31
GDP
Consumer
Confidence
Personal
Income
Unemployment
Claims
Purchasing
Managers of
Chicago (PMI)
New Home
Sales
Information from public sources. CME Group is not responsible for its accuracy or any changes.
CME Group Holiday
 Serial ILS/USD Options
Serial Currency Options
✾ Monthly KRW/USD Futures and Options
❖Monthly: MXN/USD Options,
ZAR/USD Options
✜ Delivery MXN/USD Futures
Monthly: CNY/USD Futures and
Options, CNY/EUR Futures and
Options, USD/CNH Futures, E-micro
USD/CNH Futures
 Monthly: BRL/USD Futures and Options,
USD/CLP Futures
 Weekly ILS/USD Options
▲ Weekly Currency Options
◆Monthly: MXN/USD Futures,
ZAR/USD Futures
Delivery ZAR/USD Futures
Weekly BRL/USD Options
✺Floor Currencies and Interest Rates­–
closed
Floor Agriculturals and Equities –
normal day
Monthly RUB/USD Futures and Options
✖Delivery USD/CNH Futures, Delivery
E-micro USD/CNH Futures
104
2017 FX Product Guide and Calendar
MONTH CODE: Z
SUN
DECEMBER 2017
MON
TUE
WED
THU
FRI
SAT
2
1▲
335/30
3
10
17
4
5
6
7
8 ❖
338/27
339/26
340/25
341/24
342/23
Factory Orders
International
Trade
Bank of Canada Unemployment Employment
Claims
ECB Meeting
ECB Meeting
11
12
13
14 
15 ▲
345/20
346/19
347/18
348/17
349/16
PPI
FOMC Meeting
CPI
FOMC Meeting
Retail Sales
Unemployment
Claims
ECB Meeting
Industrial
Production
and Capacity
Utilization
19 ● w
20 X
21 
22 ▲
353/12
354/11
355/10
356/9
18
352/13
◆✾
9
16
23
New Home
GDP
Unemployment Sales
Durable Goods
Claims
Personal
Income
Housing Starts
24

25
26
27
28 
29 ▲ 
359/6
360/5
361/4
362/3
363/2
Consumer
Confidence
Unemployment Purchasing
Claims
Managers of
Chicago (PMI)
30
Information from public sources. CME Group is not responsible for its accuracy or any changes.
CME Group Holiday
❖Monthly: MXN/USD Options,
ZAR/USD Options
Weekly BRL/USD Options
 Weekly ILS/USD Options
▲ Weekly Currency Options
◆Monthly: MXN/USD Futures, ZAR/USD
Futures (expiration at 9:16 a.m. CT)
✾Monthly KRW/USD Futures and Options
(expiration at 1:30 a.m. CT)
Monthly: CNY/USD Futures and
Options, CNY/EUR Futures and Options
(expiration at 8:00 p.m. CT), USD/CNH
Futures, E-micro USD/CNH Futures
 Quarterly ILS/USD Options
 Quarterly Currency Options
 Monthly: BRL/USD Futures and Options,
USD/CLP Futures (expiration at
9:15 a.m. CT)
X Delivery Currency Futures
wQuarterly: USD/TRY Futures, EUR/TRY
Futures (expiration at 12:30 a.m. CT)
 Weekly RUB/USD Options
Monthly RUB/USD Futures and Options
(expiration at 3:00 a.m. CT)
● Quarterly Futures: Standard: CAD/USD;
E-micro: CAD/USD
(expiration at 9:16 a.m. CT)
Quarterly Futures: Standard: AUD/USD,
CHF/USD, CZK/USD, Bloomberg Dollar
Spot Index, EUR/USD, GBP/USD, HUF/
USD, ILS/USD, JPY/USD, NZD/USD,
NOK/USD, PLN/USD, SEK/USD; E-mini:
EUR/USD, JPY/USD; E-micro: AUD/USD,
EUR/USD, GBP/USD, CHF/USD, JPY/
USD; Cross Rate Futures (expiration at
9:16 a.m. CT)
105
cmegroup.com/fx
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106
CONTACT INFORMATION
CME GROUP GLOBAL FX TEAM
For more information, email the CME FX team at [email protected].
For more on our CME FX offering, visit cmegroup.com/fx
CME GLOBEX CONTROL CENTER
UNITED STATES
OUTSIDE THE UNITED STATES
+1 312 456 2391
+44 20 7623 4708
107
The information within this brochure has been compiled by CME Group for general purposes only.
CME Group assumes no responsibility for any errors or omissions. Additionally, all examples in this
brochure are hypothetical situations, used for explanation purposes only, and should not be considered
investment advice or the results of actual market experience.
The information contained in this brochure is provided as is and without any warranty of any kind,
either express or implied. CME Group assumes no responsibility for any errors or omissions.
The information and any materials contained in this brochure should not be considered as an offer
or solicitation to buy or sell financial instruments, provide financial advice, create a trading platform,
facilitate or take deposits or provide any other financial products or financial services of any kind in any
jurisdiction. The information contained in this presentation is provided for information purposes only
and is not intended to provide, and should not be construed as, advice. It does not take into account
your objectives, financial situation or needs. You should obtain appropriate professional advice before
acting on or relying on this material.
Futures and options trading is not suitable for all investors, and involves the risk of loss. Futures are
a leveraged investment, and because only a percentage of a contract’s value is required to trade, it is
possible to lose more than the amount of money deposited for a futures position. Therefore, traders
should only use funds that they can afford to lose without affecting their lifestyles. And only a portion
of those funds should be devoted to any one trade because they cannot expect to profit on every trade.
All examples in this brochure are hypothetical situations, used for explanation purposes only, and
should not be considered investment advice or the results of actual market experience.
All matters pertaining to rules and specifications herein are made subject to and are superseded
by official Exchange rules. Current rules should be consulted in all cases concerning contract
specifications.
CME, CBOT and NYMEX are each registered as a Recognized Market Operator in Singapore and
authorized as Automated Trading Service providers in Hong Kong S.A.R. Further the information
contained herein does not constitute the provision of direct access with any foreign financial
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under Japan’s Financial Instrument & Exchange Act (Law No. 25 of 1948, as amended). CME Europe
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are registered or licensed to provide, nor does it purport to provide, financial services of any kind in
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For persons based in the EEA, this brochure has been issued by CME Marketing Europe Limited.
CME Marketing Europe Limited (FRN: 220523) is authorized and regulated by the Financial Conduct
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Copyright © 2017 CME Group and 芝 商 所 All rights reserved.
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